POSTED BY August 3, 2012 6:32 pm ONE COMMENTON
guys i am filing I.T. returns for past 11 years (earlier my grand pa used to file them i just signed the papers)………..now my grand pa is no more and there is scrutiny case going on…..now my ca is asking me for a balance sheet…..i have never given a balance sheet with i.t. returns before although i have all the records for all assets under my name…….what to do…….????? is the balance sheet required from the first return i filled or can be given from the current year onwards……!!!!!!!!!1
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One reply on this article “balance sheet with income tax returns!!!!!!!”
Are you into business ? I guess so ?
If yes, then how much income are you showing , you must have some kind of legal structure like company , LLP , firm , shop act something .. right !