Qus. about merge of propritership balance sheet
This query is : Resolved
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
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.
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
