Prprietorship accounting and taxation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 June 2018
Proprietor having a business of Construction.
He owns other assets like House, land, other shares investments. My Questions is when preparing balance sheet all these assets are shown or only that particular business. and if we do not show these assets any tax consequences?
He owns other assets like House, land, other shares investments. My Questions is when preparing balance sheet all these assets are shown or only that particular business. and if we do not show these assets any tax consequences?
15 June 2018
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