No accounts case lossess
This query is : Resolved
Quick Summary
25 June 2023
In no accounts case whether we can declare lossess with books of accounts maintained??
25 June 2023
Losses can be declared with books of accounts maintained, not otherwise.
Message likes :
1 times
25 June 2023
Than Bs and P&L are need to be filled??
25 June 2023
Yes, at least relevant to business assets & liabilities.
25 June 2023
Whether speculative losses can declared in no accounts case of balance sheet by entering the details in books of accounts???
25 June 2023
Not possible.
26 June 2023
Ok thanks sir for your precious advise
26 June 2023
You are welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Income tax return change regime form necessary or not?
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Resignation of auditor and appointment and cfss
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Machinery taking back from repair work shop
- Clarification on 15% Saudi Withholding Tax and Refund Eligibility
- Partnership firm under Section 44AD
- Partner retired
- I have sent ITR to CPC and delivered in due date , but portal itr status not updated
- New old regime
- Tax Audit Mandatory or Optional
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
