Non filling of return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 March 2013 A person has not filled returns since 10 years but now he wants to file but does not have any details of last filled return.
In this what should be the opening capital to be taken?

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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16 March 2013 List out all assets and liabilities as on date.

capital =assets -liabilities

Querist : Anonymous

Querist : Anonymous (Querist)

16 March 2013 There are no any assets..the problem is what should be the opening capital to be taken in the absence of the information of assets-liabilities.

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