18 June 2015
I am filling the income tax return within the exemption limit by showing around 2 lakh income in PY 2 years from business(bogus income) & Profession.
i had selected balance sheet not applicable while filling the income tax return,and did not fill any balance sheet item at the time of filling the return.
Now i want to prepare a balance sheet of myselfvfrom past 2 years.
How to.prepare the balance sheet of past two.years so that i can club the CY income and c/f the balance sheet by accumulating the CY income.
NOTE: There us no actual business activity taking place and no actual income is earned.I just want to increase my capital,so that i can purchase any asset in future.