Filing ITR3 as having income from intraday fno and stcg ltcg auditor have disclosed all personal assets in balancesheet is it right
- Proprietary Balance Sheet (Part A-BS): Should only reflect business/trading-related assets and liabilities (like broker cash/collateral margins and trading capital), not your entire personal wealth.
- Schedule AL: Personal assets outside the business should only be disclosed here if your overall taxable income crosses the ₹50 lakh threshold. Mixing personal assets into the business balance sheet creates an inaccurate corporate-style disclosure structure for an individual taxpayer.