07 October 2017
In ITR'S. Say in ITR 4S now ITR4 there is optional clause FINANCIALS PARTICULAR in sheet NOB BP and in sheet AL (Mandatory in case where total income exceeds 50 lakh) when we left it as blank it will shown as zero in xml file. My Q is whether Income tax department deemed that we don't have such particulars or not considered that zeros.
08 October 2017
Yes...
CA Rashmi Gandhi is exactly correct.....!!!???
How CA Rashmi Gandhi is exactly correct...???
Bcoz, At the end of the Financial Year who is file ITR under presumptive scheme they are "No More Money" in his pocket. So, they MUST fill zero in "CASH BALANCE"...
In this way She is EXACTLY CORRECT.....
CAclubindia
