Tax audit
This query is : Resolved
Karthikeyan
(Querist)
27 August 2011
Sir during tax audit assignment of proprietorship cases whether we have to audit the personal properties of proprietor and such personal properties also to be included in income tax return to IT dept, pls clarify me
27 August 2011
In the case of TAx Audit of Proprietorship business it is required to merge accounts of both personal and business so one is required to mentioned details of personal properties and need to consider same for the calculation purpose
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