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Balance sheet format for proprietorship

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(Querist)
20 January 2018 Is it mandatory to maintain Balance sheet in schedule III or VI format for a Proprietorship Business or I can use traditional P/L & Balance sheet format (Liabilities on left side and Assets on right side) ?
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RAJA P M

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RAJA P M (Expert)
20 January 2018 You can prepare traditional format if it's other than company*...

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