Hello Sir/Madam,
Can any one let me know that whether it is Compulsary to show a House Property if ITR 4 is filled without Balance Sheet?
Dolly Jain (CA JOB) (142 Points)
10 August 2015Hello Sir/Madam,
Can any one let me know that whether it is Compulsary to show a House Property if ITR 4 is filled without Balance Sheet?
Rajagopalakrishnan R
(PARTNER)
(1422 Points)
Replied 10 August 2015
ITR 4 is to be filed by assessees having business income. The balance sheet that is to be filled in is that of the business and not personal balance sheet. How do you propose to file without filling balance sheet?
shikhar
(LEARNER )
(1394 Points)
Replied 10 August 2015
Hello,
You can go with option where regular books of accounts are not maintain and show only debtor, closing stock, creditor, cash and bank as on 31st march.
There is no need to show house property
Thanks
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