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Waseem Syed (271 Points)

04 September 2020

I have drawing of 100000 in FY 19-20. in which column of Balance Sheet I have to show in ITR3.

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4 Replies

Akshay raj Sahani (15 Points)
Replied 05 September 2020

There is a column in balance sheet after Capital in liabilities side : drawings made during the year

Waseem Syed (271 Points)
Replied 05 September 2020

There is no any such column in itr3 sir

Asha Kanta Sharma (Manager - Finance & Accounts) (23441 Points)
Replied 05 September 2020

Drawing can not be shown in ITR as it is not an Income. Only Income and Expenditure can be shown as per eligibility.

Waseem Syed (271 Points)
Replied 05 September 2020

Then there will be difference in amount of Balance sheet in itr and balance sheet which we create for client?

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