Kollipara Sundaraiah (B.com) (2963 Points)
26 November 2021It return filed business person son new it returns filed in f.y. 20-21.
Question:
Son it returns by investment in capital amount show in books.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171242 Points)
Replied 26 November 2021
Need not be filed in ITR. But for books, investment in business needs to be declared; be it loan.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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