sir,
we have business tournover is 42laks and we file from itr4 but current year asset and 3 previous year asset how to show in this form and total income is blow 50laks please clarify sir
Out of the following... only E15, E19, E20, E22 are mandatory and others if available
FINANCIAL PARTICULARS OF THE BUSINESS AS REQUIRED TO BE SHOWN IN ITR 4:
| E11 | Partners/ Members own capital | E11 | |
| E12 | Secured loans | E12 | |
| E13 | Unsecured loans | E13 | |
| E14 | Advances | E14 | |
| E15 | Sundry creditors | E15 | |
| E16 | Other liabilities | E16 | |
| E17 | Total capital and liabilities (E11+E12+E13+E14+E15+E16) | E17 | |
| E18 | Fixed assets | E18 | |
| E19 | Inventories | E19 | |
| E20 | Sundry debtors | E20 | |
| E21 | Balance with banks | E21 | |
| E22 | Cash-in-hand | E22 | |
| E23 | Loans and advances | E23 | |
| E24 | Other assets | E24 | |
| E25 | Total assets (E18+E19+E20+E21+E22+E23+E24) | E25 |
CAclubindia
