ITR-4 How to create balance sheet
This query is : Resolved
06 August 2020
I want to know my income from online logo design. Assets one computer and one AC, no debtors and creditors, no liabilities, can we make balance sheet schedule in ITR 4, how can we treat it? This is a case, in which whole income is above 10 lakh, and more than 5 lakh is expenditure. Is filling ITR 4 correct?
06 August 2020
YES FILL THE FIGURES THAT HAVE SOME VALUES AND REST PUT ZERO AND BALANCING FIGURE IN CAPITAL IF LIABILITIES LESS THAN ASSETS
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
