Balance sheet for business

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MY UNCLE IS EARNING COMISSION FROM BUSINESS, HE DOESNOT HAVE ANYOTHER INCOME .

IS HE REQUIRED TO FILE BALANCE SHEET ,IF SO WHAT ARE THE DETAILS TO BE INCLUDED?

Replies (3)
In what purpuse your uncle need balance sheer....???

my uncle wants to obtain loan from bank and credit card facility

For loan and credit card only ITR required. However, requirement may very based on nature of loan.

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