Maintenance of books of accounts
This query is : Resolved
18 January 2017
Dear Sir,
One of our assesse is having income from two different businesses. As he is maintaining books only for one business now my query is, can he file his IT return with both the cases i.e. with maintenance of books of accounts and non maintenance of books of accounts
Please give me the right solution in filling of IT return
One of our assesse is having income from two different businesses. As he is maintaining books only for one business now my query is, can he file his IT return with both the cases i.e. with maintenance of books of accounts and non maintenance of books of accounts
Please give me the right solution in filling of IT return
18 January 2017
What are the business and what is turnover of and income from each of the Business.
19 January 2017
One Business is trading of gold having turnover of 70Cr & another is Speculation business having Speculation loss of Rs.27,888/-
19 January 2017
For speculation loss also you have to maintain books of Account. If it from bullion only, then do not treat it as speculation, treat it as trading loss only
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