TMI BlogBalance Sheet -a statutory document ?X X X X Extracts X X X X X X X X Extracts X X X X ..... Balance Sheet -a statutory document ? X X X X Extracts X X X X X X X X Extracts X X X X ..... eet is a statotory document. Under which Section of the Income Tax Act or Company Act ? Reply By CASusheel Gupta: The Reply: As per section 128(1), "Every company shall prepare and keep at its regis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tered office books of account and other relevant books and papers and financial statement for every financial year….." Financial Statement includes, balance sheet Section 44AA of Income Tax Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t provides for compulsory maintenance of books of accounts. Further, Explanation to section 139(9) mandates filing of balance sheet with along with return of income. Thanks and Regards Reply By KAST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... URI SETHI: The Reply: Sir, Thanks a lot. Reply By CASusheel Gupta: The Reply: Welcome sir Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Balance sheet is a statutory document in respect of both A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cts. X X X X Extracts X X X X X X X X Extracts X X X X
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