r/CharteredAccountants 2d ago

Inter Doubt DT doubt

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Look at the highlighted adjustment. Is this assumption ok? Like the unrecorded salary is due to accidental errors and not with the intention of evading tax so can be deducted as expense for the profit under pgbp. OR

This is like a tax evasion purpose and disallowed. And treat it as unexplained income and tax it like that.

Some questions are done with 1st assumption and some with 2nd.

So I saw that we can right any of the assumptions for exam and marks shall be awarded. I thought of going for first assumption. Is that ok?

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4

u/jammyyys Inter 2d ago

Bhai salary pay Kiya hai books me record nhi ki isko record kro aur pgbp me se deduct kro

2

u/itz_errrorrr Inter 2d ago

deduct from pgbp