where to show fixed assets in itr4 in no accout case.
thanks.
6 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 26 August 2011
when there is no account, then how to account for assets?
use ITR4S for no account case.
Mansi
(CA (Final), B.com)
(939 Points)
Replied 26 August 2011
In a case where regular books of accounts of business or profession are not maintained, there is no need to refer the information realted to fixed Assets..
Only furnish the following
1 Amount of Total Sundry Debtors
2 Amount of Total Sundry Creditors
3 Amount of Total Stock in trade
4 Amount of Total Cash balance
Regards,
Mansi Batra
neha vats
(ca final)
(76 Points)
Replied 26 August 2011
i agree with mansi.
u hv to mention only 4 above .
in point no. 52 of itr 4
Manik
(CA)
(831 Points)
Replied 26 August 2011
Mansi is right. You have to just write the estimated amount of Debtors,Creditors, Cash in Business and Estimated Stock value. Write them in ITR-4 and thts all.
Ravikant
(Accountax)
(6285 Points)
Replied 27 August 2011
| Originally posted by : Mansi | ||
 |
In a case where regular books of accounts of business or profession are not maintained, there is no need to refer the information realted to fixed Assets.. Only furnish the following 1 Amount of Total Sundry Debtors 2 Amount of Total Sundry Creditors 3 Amount of Total Stock in trade 4 Amount of Total Cash balance Regards, |
 |
sadashiv Rupchand Gaikwad
(Proprietor)
(521 Points)
Replied 29 January 2012
No need to mention Fixed Assets because case is no Books
Recent Topics
- Nznxnc call me at the end of the day of the
- Cp chod doob zoom vo book book
- Nsje snswk fjw ed le ene djff ne enje ejdd rejje
- Hxjcif the day I have been in touch with me and
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
Related Threads
CAclubindia
