Liable to audit or not and filling of ITR- 4

Mr.Vijayk Kr. Mishra

The accounts to be audited u/s 44AB.

As far as the second question raised by I do not have any answer.  We have to make a representatin to CBDT to provide a facility in ITR to fill up BS and PL shcedules like house property if  there exist more than one business.

Best Wishes

Sathikonda

i to agree with sathikonda but the only remedy which we see in ur 2nd ques is to merge boths the balance sheet and p/l accounts and then fill the itr 4 to file the proper return

as far as i know

in ITR - 4 ... we ll include same kinda information ( two or more than business) in one column... coz we hav 1 b.s. and 1 p&L a/c in ITR - 4..

so include .. boths capital, reserves, investments, creditors, debtors anc cash balance and fill in ITR - 4

and use same with Profit & loss a/c

u can take more help from other C.A.s