ITR4 Part A-BS - No Account Case subsection explanations

Originally posted by : Rahul
	Hi, Profile: Salary + IntraDay + STCG I would be really grateful to you if you could explanations of these sections in ITR4.   NO ACCOUNT CASE 6 In a case where regular books of account of business or profession are not maintained -furnish the following information as on 31st day of March, 2011, in respect of business or profession)       a Amount of total sundry debtors 6a 0   b Amount of total sundry creditors 6b 0   c Amount of total stock-in-trade 6c 0   d Amount of the cash balance 6d 0   As far as I understand Amount of total sundry debtors and Amount of total sundry creditors is the amount of money given/taken from others including banks. Amount of total stock-in-trade : would mean the value of my stocks as on 31st March 2011. Amount of cash balance: total cash in hand + saving bank account. Would it also mean NSC + Fixed Deposit + PPF + Employee Fund etc. as well and the interest accured on them so far. This would be too much for me to calculate. Thanks a lot :) Rahul

only the highlighted is needed.

Thanks for the reply. I may need even more information. Sorry for asking a short question earlier.

6a. Amount of total sundry debtors

6b. Amount of total sundry creditors

I gave 3000 rupees to my friend and then got it back. Would it count ?

I deposited 30,000 rupees to my online stock market account with religare. And withdrew 32000 later. Would it count.

6c . Amount of total stock-in-trade

Should I mention stock market shares, Fixed Deposit, NSC deposit, PF, PPF account deposit here. Would this be the current value with interest added(for fixed deposit, NSC PF PPF) or the initial invested money. After this I would be done with my income tax filing. Thanks a lot in advance :)

Rahul :)

Originally posted by : Rahul
	Thanks for the reply. I may need even more information. Sorry for asking a short question earlier. 6a. Amount of total sundry debtors 6b. Amount of total sundry creditors I gave 3000 rupees to my friend and then got it back. Would it count ? No I deposited 30,000 rupees to my online stock market account with religare. And withdrew 32000 later. Would it count. No 6c . Amount of total stock-in-trade Should I mention stock market shares, Fixed Deposit, NSC deposit, PF, PPF account deposit here. Would this be the current value with interest added(for fixed deposit, NSC PF PPF) or the initial invested money. After this I would be done with my income tax filing. Thanks a lot in advance :) Rahul :)

stock market shares held on 31-march for trading purpose only, 

shares which are held for capital gain ( in delivery) are not to be counted for stock in trade.

This was very quick. I could not find this information on internet. Thanks :)

Originally posted by : U S Sharma
	Originally posted by : Rahul Thanks for the reply. I may need even more information. Sorry for asking a short question earlier. 6a. Amount of total sundry debtors 6b. Amount of total sundry creditors I gave 3000 rupees to my friend and then got it back. Would it count ? No I deposited 30,000 rupees to my online stock market account with religare. And withdrew 32000 later. Would it count. No 6c . Amount of total stock-in-trade Should I mention stock market shares, Fixed Deposit, NSC deposit, PF, PPF account deposit here. Would this be the current value with interest added(for fixed deposit, NSC PF PPF) or the initial invested money. After this I would be done with my income tax filing. Thanks a lot in advance :) Rahul :) stock market shares held on 31-march for trading purpose only,  shares which are held for capital gain ( in delivery) are not to be counted for stock in trade.