Hi,
I have a query. Is the tax audit of a individual is audit of the person or the business? Do I need to discose assessee's personal assets(eg- car,house) in the balance sheet when doing tax audit of his proprietary business.
Please advise. Thanks.
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Tax audit
Replies (2)
Tax audit is the audit of business. Hence we need not disclose assessee 's personal assets while doing tax audit
You need to feel required details in particular format
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