banner_ad

Financial particulars of the business in itr 4 , 44ad

Tax queries 762 views 5 replies

Hello to all. please help me out. What should i Enter into "Financial particulars of the business in ITR 4" ??

I am filling ITR 4 with 44AD and in my business, there are no sundry creditors or debtors. CAN I LEAVE EVERYTHING EXPECT CASH IN HAND ???

If I do this my liabilities will no equal to assets.. Help me out

Replies (5)
It is not mandatory to fill the financial particulars in case you do not maintain books of accounts.
it is mandatory for the ay 2018-19... but if u don't have any sundry debtors and creditors..fill it as nil...
Originally posted by : Gagan Aggarwal
it is mandatory for the ay 2018-19... but if u don't have any sundry debtors and creditors..fill it as nil...

Who said its mandatory ? Many of my friends file ITR without it ? How sir ?

u can file but it will default in future..
Originally posted by : Gagan Aggarwal
u can file but it will default in future..

OMG Really it will be default ?/?
 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details