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Income tax return

Others 431 views 2 replies

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? 

Replies (2)

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?

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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