Submission of statement of affairs


This query is : Resolved 

21 May 2014 Is their any provision for submission of Statement of affairs along with return of income in case of individual...

Rupesh Jain (Expert)
21 May 2014 NO its no provision for submission of statement of affaires with return .

if individual have business income and his/her income exceeds rs. 120000/- in a year then book of account should be maintain and fill balance sheet also. or in audit case it also compulsory.


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