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Querist : Anonymous

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Querist : Anonymous (Querist)
27 November 2009 why we made p & l a/c even individual have no buisness?
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RAJESH SHUKLA

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RAJESH SHUKLA (Expert)
27 November 2009 u/s 44a account is mandatory. if u have no business, no need to required any books of accounts
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shakuntala chhangani

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shakuntala chhangani (Expert)
27 November 2009 Hi, P/L A/c is made only if there is business. if there is no business, there is no need to prepare the same. Regards,
CA Shakuntala Chhangani
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