No accounts case lossess
This query is : Resolved
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.
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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.
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