19 September 2013
I have a client that have three proprietorship and one of them is audited as its gross receipts is more then one crore . now my query is that whether i should merged these three b/s in form 3CB of audit report. but one thing also is that two's business nature is same but other one is different
one is tv programme maker second one is also simmiler i.e advertising thired one is produced some printer parts
19 September 2013
each business will be considered separately for Sec. 44AB so make individual Trading and Prifit & loss a/c and you can make one balance sheet for same.
CAclubindia
