banner_ad

Assets not related to business in ITR of an proprietor

Others 335 views 3 replies
User Avatar

8 Points Posted on 28 December 2021
In the balance sheet of business is it required to show the out of the business assets of the proprietor.
0 Reply Share Follow
On 28 December 2021 at 03:48 Report
Replies (3)
User Avatar

CA Practice
103 Points Posted on 28 December 2021
Yes you have to show personal assets in Balance Sheet.
Profit and Loss is made for Proprietor Business but Balance sheet is made including both Business and Personal Assets & Liabilities.

incase of more info PM me...
1 Reply
On 28 December 2021 at 07:32
User Avatar

Profession Business
28207 Points Posted on 28 December 2021
Mr.Pal pls explain.
In balance sheet of an individual you are required to show the business assets and liabilities.
1 Reply
On 28 December 2021 at 07:51
User Avatar

8 Points Posted on 28 December 2021
Thank you very much
Reply
On 28 December 2021 at 09:46


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details