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In the document as attached herein is primarily concerned with the statute “Income tax act 1961” and is something which holds sheer primacy and is inevitable
The usage of the document is mainly confined to the separation and sheer ascertainment of all the assets and liabilities as present at the particular point of time
Here the assets are divided into certain parts:- Fixed Assets
Cash and bank balances
It also has the section of liabilities and that has also been divided into certain parts and them being:-
Current liabilities and provisions
Monies raised/issued and paid-up capital
Free reserves (excluding revaluation reserves
And with all these fields the Date, Signature must be attached
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