Items under Asset of Balance Sheet

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MBA
35 Points Posted on 08 October 2019

I plan to file unaudited ITR3 for FY 2018 - 2019 as I have carry forward speculative losses and stcl from past years. 

Please confirm which items I need to include under Balance Sheet Assets Investments

Should I include PPF, EPF and NPS also or can they be skipped?

 

 

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On 08 October 2019 at 23:58 Report
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Profession
19974 Points Posted on 09 October 2019
SCHEDULE III IS CLASSIFIED UNDER NON CURRENT ASSETS AND NON CURRENT ASSETS.
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On 09 October 2019 at 07:29
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10683 Points Posted on 09 October 2019
@ lucky
In so far as assets related to your speculative business that you should include. Not necessary to include Personal items. (ITR3 Schedule Part A-BS)
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Sabyasachi Schedule III of ??? Under Non current Assets ?? For ITR3 ?? pl explain ....
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On 09 October 2019 at 14:00
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Student
2612 Points Posted on 09 October 2019

1. It is necessary as per sec 80 to file a return before the due date in order to carry the forward loss. 
2. In your case, if you are filing ITR-3, the item should contain your business-related assets and investments. No need to specify your personal investments. 
Please correct me if the above solution has an alternative view. 

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On 09 October 2019 at 14:25

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