Account keeping
This query is : Open
21 September 2017
Sir,
Do we need to keep profit loss account for business opting for presumptive scheme? What are the records we need to keep for income tax and gst purposes for a small business with out accountant.
Thanks and Regards
Abi
Do we need to keep profit loss account for business opting for presumptive scheme? What are the records we need to keep for income tax and gst purposes for a small business with out accountant.
Thanks and Regards
Abi
22 September 2017
U/s 44AD no need BS and PandL account... In case bank want ask BS and PandL you can create as per your own...
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