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

Amol S Joglekar

Amol S Joglekar (Expert)
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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....

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