Tax audit ay 2018-19

This query is : Resolved 

04 September 2018 An Individual is into the business of F&O Transactions and is laible for Tax Audit.

Whether tax audit is to be done only for his Business PNL A/c and Balance sheet or for Whole Consolidated Balance Sheet Including his personal Assets and Liabilities

Kindly let me know

04 September 2018 Tax audit is to be done only for his Business PNL A/c and Balance sheet.


07 September 2018 Thanks,
so there is no need to Incorporate Personal Assets & Liabilities like Residential Flat, Car, Housing Loan etc in his Balance Sheet for filing tax audit report?
Kindly let me know..

07 September 2018 Yes you are right....


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