accounting entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 November 2009
why we made p & l a/c even individual have no buisness?
27 November 2009
u/s 44a account is mandatory. if u have no business, no need to required any books of accounts
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
CA Shakuntala Chhangani
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