Whether two capital account required.
This query is : Resolved
09 April 2020
Sir,
I have a confusion , earlier i was running a single business and filling the IT return, now i have also over take my father business along with that,now i want to know as both the income will merged ,whether i have to prepare two capital account for both business or one for both.
Please suggest.
I have a confusion , earlier i was running a single business and filling the IT return, now i have also over take my father business along with that,now i want to know as both the income will merged ,whether i have to prepare two capital account for both business or one for both.
Please suggest.
09 April 2020
One for both is enough.
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