Paultry farming Business
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 September 2010
I am paultry farming business from 10 yrs.
From this year I am starting IT Return filing but how I can Show my capital from 1st year to till this year. Is there is requirement to show all the year data or start from current year ? I have not done any records before, I am just doing from this year.
From this year I am starting IT Return filing but how I can Show my capital from 1st year to till this year. Is there is requirement to show all the year data or start from current year ? I have not done any records before, I am just doing from this year.
02 September 2010
It all depends on the quantum of capital to be introduced by you in the business. The onus to prove the source of the capital introduced by you is upon you. If you can substatantiate the capital introduced by you without preparing the details for all these 10 years then you need not prepare the data for the previous 10 years.
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Dep. as per companies act
- Applicability of GST on Salary Reimbursement Component
- GST ISSUE OF INPUT AND OUTPUT GST
- Salary from Qatar in Dollars in India
- TDS on purchase of under construction property from a reseller
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
