Quarry about reply


This query is : Resolved 

11 May 2012 as your reply on 10-5-2012,my quarries
1 if i prepare two balance sheets ,i have to file two IT RETURNS ?

2 the balance sheet of clinic as firm/co. or as proprietor ?

3 term deposits,shares ,mf,ppf lic will be in clinic balance sheet or in personal b sheet?

11 May 2012 Your query is not clear as the original query is not appended.

It seems you are carrying on two different businesses in different names.

You will file only one income tax return and you will include in your return income from both the businesses.

A better answer can be provided if you provide the link of the original query.


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