A PARTNERSHIP FIRM FALL UNDER SCRUTINY. THE ACCOUNTANT OF THE FIRM FOR HIS MIS DEED TO THE PUBLIC HAS LEFT THE STATION KEEPING THE BOOKS OF ACCOUNT IN HIS ROOM ANGRY PUBLIC DESTROYED THE SAID BOOKS OF ACCOUNTS OF THIS PARTNERSHIP FIRM ALONG WITH OTHER HOUSEHOLD GOODS AND LODGED A FIR TO THE LOCAL POLICE STATION.

1) ON HEARING STAGE WHAT TO DO?

2) IS IT BETTER TO TELL THE TRUTH BEFORE ASSESSING OFFICER?

3) IF THE FIRM TELL THE TRUTH WHAT WILL THE ACTION OF ASSESSING OFFICER AS PER ACT?

4) IS THE FIR IS SUFFICIENT FOR THE FIRM TO PROOF THE FACT?


Admin’s Response:

Answering your queries in order:

1) File the copy of FIR.

2) Yes, along with copy of FIR and written submission with full facts of the case.

3) He will have to examine the documents available and what other papers that the assesee can provide (like banks statements etc.)

4) Try to provide maximum evidence in support of your return of income.