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?
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 can file ITR on the basis of Form - 16, if he has only salary income.
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