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No accounts case lossess

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(Querist)
25 June 2023 In no accounts case whether we can declare lossess with books of accounts maintained??
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
25 June 2023 Losses can be declared with books of accounts maintained, not otherwise.
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Jai shree Narayan

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Jai shree Narayan (Querist)
25 June 2023 Than Bs and P&L are need to be filled??
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
25 June 2023 Yes, at least relevant to business assets & liabilities.
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Jai shree Narayan

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Jai shree Narayan (Querist)
25 June 2023 Whether speculative losses can declared in no accounts case of balance sheet by entering the details in books of accounts???
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
25 June 2023 Not possible.
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Jai shree Narayan

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Jai shree Narayan (Querist)
26 June 2023 Ok thanks sir for your precious advise
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
26 June 2023 You are welcome.
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