Advice me - IT Return Filing 11-12
This query is : Resolved
28 March 2011
One of my friend has started a business last month. But has not maintained the books of accounts. He has purchased new Furniture for office use. He brought his personal computer and bike into his business. Now I want to prepare a Balance Sheet and Profit to file his IT Return. Please give me some idea.
Nature of Business : Advertising Business
Nature of Business : Advertising Business
29 March 2011
You have to prepare accounts to claim depreciation on these assets.
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