Tax Audit U/s 44AD
This query is : Resolved
Heeralal Chaudhary
(Querist)
13 August 2016
assesse having share trading, capital gain, salary income and FD interest income. assesse incurred loss in share trading hence audit is applicable us 44AD.
want to know whether assessee's income/expenses and assets/liability other than business income/expenses and assets/liability are to be reported in tax audit.
16 August 2016
If the business is in the individual name, all the details has to be reported even if it is other than business.
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