Tax audit ay 2018-19
This query is : Resolved
hardik parasia
(Querist)
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
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
CA R SEETHARAMAN
(Expert)
04 September 2018
Tax audit is to be done only for his Business PNL A/c and Balance sheet.
Message likes :
2 times
hardik parasia
(Querist)
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..
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..
CA R SEETHARAMAN
(Expert)
07 September 2018
Yes you are right....
Message likes :
1 times
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