Balance sheet

This query is : Resolved

CA.Ashutosh (Querist)
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13 May 2014 Dear sir/madam

greetings of the day

someone kindly tell me whether balance sheet prepared under schedule vi is required to be file in income tax department along with the retun. if not when it should be filed.

thanaking you
ca ashutosh

Sandeep Dharar

Sandeep Dharar (Expert)
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13 May 2014 IT Dept. do not Demand any attachment with the return. Well, if Tax audit is applicable to ur company then it may demand the financial statements(B/s & PL with Notes on accounts).

But in other case the Dept. only demands it at the time of any information required by them from u.

CA.Ashutosh

CA.Ashutosh (Querist)
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14 May 2014 sir
i have little bit of cofusion that if i made balnce sheet as per revied scheule vi whether
income tax can be calculated on the basis of schedule vi P/L a/c .

thank you

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