Related to itr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 October 2015
Respected Sir/Mam,
One of my client convert his proprietorship into partnership firm. now i want file his ITR 4. in ITR 4 how can i show stock transferred to that firm. whether it should be treated as sale???
Thanks in advance
One of my client convert his proprietorship into partnership firm. now i want file his ITR 4. in ITR 4 how can i show stock transferred to that firm. whether it should be treated as sale???
Thanks in advance
10 October 2015
If the goods covered are liable to VAT, necessarily invoice has to be raised to comply VAT rules and consequently consider as SALES in ITR-4.
In other cases show in Part A - P & L column 2(x).
In other cases show in Part A - P & L column 2(x).
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- Free lancer income
- LTCG for Assmt year 26-27
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Last year TDS Claim
- Loan by Partnership Firm
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
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
