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Balance sheet and P/L

This query is : Resolved 

25 September 2008 How balance sheet and P/L of the propreitor can be prepared while filing Income tax return where the propreitor has three different business?

25 September 2008 its as simple asu said.....
there is no concept of businesswise assessment in Income tax act. there is only concept of assessee wise assessment. So u just need to combined all the incomes.


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