Help me regarding assets in ITR-4
This query is : Resolved
11 August 2010
sir, 1)-In itr-4 whether we have to show the personal assets and liabilities of the assessee along with his business asset employed in the business?
2)- whether in audited balancesheet under sec 44AB ,the personal assets of the persons is required to be showed?
2)- whether in audited balancesheet under sec 44AB ,the personal assets of the persons is required to be showed?
11 August 2010
If a seperate proprietorship balance sheet of the individual is being made then of the proprietorship business assets only.
If no seperate balance sheet then the full balance sheet.
If no seperate balance sheet then the full balance sheet.
11 August 2010
As per clarification of the IT Deptt. only business assets are to be shown in ITR 4.
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