ABOUT PREPARATION OF FINANCIAL STATEMENT.


This query is : Resolved 

07 January 2021 IS AY 19-20 BUSINESS INCOME IS 319683 (UNDER 44 AD ) IT IS PREPARED NOT ON ACTUAL BASIS.THE PERSON ENGAGED ON THIS ASSESSMENT IS A CONTRACTOR.MY DOUBT IS HOW TO PREPARE CURRENT AY FINANCIAL STAEMENTS USING THIS FIGURE ONLY.
(THIS CLIENT IS PREVIOUSLY FILED RETURN IN ANOTHER OFFICE AND HE IS NOT PRENSENT HIS PREVIOUS YEAR FIANCIAL STATEMENT FOR THE PURPOSE OF CURRENT YEAR ASSESSEMENT.)

01 October 2021 Prepare all the financial statements based on actual figures; not on any figures derived from presumptive assessment.


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