SALARY RETURN

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 March 2011 DEAR SIR/FRIEND,

I WANTED TO KNOW THAT

How the salaried people show their assets in returns?

I mean to ask that how can he show their house, car, scooter, furniture in his ownership?

Waiting for your reply.

Thanks.

Aditya Maheshwari

Aditya Maheshwari (Expert)
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25 March 2011 No place to show in ITr - 1 & 2

Querist : Anonymous

Querist : Anonymous (Querist)

25 March 2011 Dear Sir

Actually i know that but i want to know than how his personal asset is considered as white.

I mean to say he wanted to show all whatever he is having like House, Car, Byke Furniture, Gold etc.

Then what is the proper view to justify that all assets are purchased from white money and not from any single black money.

Is there any solution for that?

Thanks

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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25 March 2011 Maintain his proper books of accounts in some accouting package and prepare year on year balance sheet though the same is not being filed.

Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2011 TAHNK YOU VERY MUCH
GOOD DAY