Balance sheet details for return filed u/s 44ad

sunil bhandari (proprietor) (23 Points)

22 February 2017  

I HAVE TO FILE RETURN FORM -4  AS

 

  • INDIVIDUAL  HAVE INCOME FROM PARTNER SHIP FIRM / AGRI INCOME/ LOSS IN HOUSE PROPERTY & INCOME FROM BUSINESS U/S 44AD

 

 

I PROPERLY FILES DETAILS UNDER NON MAIN OF BOOKS, :- PART A OF BALANCE SHEET S.NO. 6   AND PART A OF P&L  S.NO. 53  NON MAIN OF BOOKS  FILLED UP

 

6

In a case where regular books of account of business or profession are not maintained -

(furnish the following information as on 31st day of march,2016, in respect of business or profession)

 

 

 

a

Amount of total sundry debtors

6a

Nil

 

 

b

Amount of total sundry creditors

6b

Nil

 

 

c

Amount of total stock-in-trade

6c

185000

 

 

d

Amount of the cash balance

6d

15800

 

 

 

53

In a case where regular books of account of business or profession are not maintained, furnish the following information for previous year 2015-16 in respect of business or profession

 

 

 

 

a

Gross receipts

 

53a

688000

 

b

Gross profit

 

53b

688000

 

c

Expenses

 

53c

618000

 

d

Net profit

 

53d

70000
               

 

 

 

FIRST  1 ) IN THE NORMAL BUSINESS INCOME  TAKE THE PROFIT FROM 53 ( NON MAIN BOOKS)

 

2 ) EXPENSES :-  THEN  DEDUCTED IT U/S 44AD  PROFIT

 

 

3)  AGAIN  U/S 44AD  AGAIN  DISCLOSED  THE TURNOVER & PROFIT OF  IT

 

 

  • PROBLEM

 

BUT  NOTICE AGAIN & AGAIN RECEIVED FOR REMOVAL OF DEFECT

 

PL. ANSWER AS EARLY AS POSSIBEL