Paultry farming Business
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 September 2010
I am paultry farming business from 10 yrs.
From this year I am starting IT Return filing but how I can Show my capital from 1st year to till this year. Is there is requirement to show all the year data or start from current year ? I have not done any records before, I am just doing from this year.
From this year I am starting IT Return filing but how I can Show my capital from 1st year to till this year. Is there is requirement to show all the year data or start from current year ? I have not done any records before, I am just doing from this year.
02 September 2010
It all depends on the quantum of capital to be introduced by you in the business. The onus to prove the source of the capital introduced by you is upon you. If you can substatantiate the capital introduced by you without preparing the details for all these 10 years then you need not prepare the data for the previous 10 years.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
