Business closed but income under other sources exist
This query is : Resolved
25 July 2016
I have closed my saree business as it was under losses since years. But i am filing returns regulary under loss.As of now i have closed my business as on feb 2015
Do i need to show any income under business head for filing return for AY 2016-17????
I also have income from other sources.
So is it enough to show only other sources????
Do i need to show any income under business head for filing return for AY 2016-17????
I also have income from other sources.
So is it enough to show only other sources????
25 July 2016
if the business is closed, you need not show any activity under that for the financial year 2015-16.
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