Filling balance sheet & profit loss a/c
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 September 2017
Dear Experts,
I always get confusion while filing return whether filing balance sheet & profit & loss account is mandatory in case if books is not audited u/s 44AB. Pls clarify my confusion
Considering the assessee proprietary ship & partner ship
Thanks
Aniket
I always get confusion while filing return whether filing balance sheet & profit & loss account is mandatory in case if books is not audited u/s 44AB. Pls clarify my confusion
Considering the assessee proprietary ship & partner ship
Thanks
Aniket
29 September 2017
if NO ACCOUNT case...then filling Balance Sheet and Profit & Loss A/c is not necessary. Otherwise yes.
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 September 2017
Did you mean by applicability of sec 44AA
If maintenance of books is applicable u/s 44AA than filing of balance sheet & profit loss account is necessarily irrespective of tax audit
Is it correct....
If maintenance of books is applicable u/s 44AA than filing of balance sheet & profit loss account is necessarily irrespective of tax audit
Is it correct....
29 September 2017
Yes... You are exactly correct..
If applicable u/s 44AA then BS and PandL filing is mandatory...
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