14 November 2018
No, Not required only debtor, creditor, cash and stock is mandatory
Querist :
Anonymous
Querist :
Anonymous
(Querist)
14 November 2018
I have filed ITR for A-Y 2015-16 in which i filed proprietor capital balance as nil (I have filled only assets value).
While filing ITR for A.Y 2016-17 I filed proprietor capital as Rs.7,00,000. Now I have received limited scrutiny for A.Y 2016-17 in which they asked me to submit Capital A/c. I have submitted the same but again recd notice stating that opening balance of capital is nil for A. Y 2015-16 and in A.Y 16-17 capital account you have shown opening Rs. 300000 ?