21 February 2010
1. IN INDIVIDUAL CASE WHILE FILLING FORM NO. 4, WHAT ITEMS TO BE MENTIONED (AMOUNT) IN TOTAL SUNDRY DEBTORS/TOTAL SUNDRY CREDITORS i.e. loans and advances, property, bank balances are to be included in total sundry debtors/total sundry creditors or not ? Pl. clarify/ give your opinion.
these details required to fill if you are not required to prepare accounts as per income tax act. This figures not mandatory to included. Hence you can leave blank if you don't have information.
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