Easy Office
LCI Learning

Is balance sheet & accounts (personal) a requirement?

This query is : Resolved 

11 April 2015 Hi Expert,
Generally, based on Form 16 & other details, tax computation is prepared and then Income Tax Return is filed for an individual.

Is there any change in requirement which makes preparing Balance Sheet & Personal Accounts a necessity for filing Salary Return?

If yes, is any format prescribed for BS and Personal Accounts?

13 April 2015 there is no such requirement.
you can file ITR on the basis of Form - 16, if he has only salary income.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query