Please Help: direct tax
Posted Date : 24-Dec-2016 , 04:39:15 pm | Posted By: Harish Kumar Vashishtha
Category :
Income Tax | Answers :
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in case of assessment of income ITO asked reason behind increased turnover but decrease direct expenses . guide us how can we convince ITO |
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| Posted By : ANSHUL |
28-Dec-2016, 06:37:13 |
| You can give reference to market condition, if its genuine. Otherwise nature of exp and industry is required to know about before give answer. |
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| Posted By : Rahul Kabra |
24-Dec-2016, 07:40:34 |
| Ask him to compare net profit ratio |
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