Assess savings Rs:2 lacs for year and his total accumulated capital is Rs:20 lacs in last 10 years.
Assess then how to show this accumulated capital in it returns.
If you are showing income from business and profession, then show opening capital in the business.
Prepare 2 balance sheets, one personal and one for business.
Show business balance in ITR, personal balance sheet is only in case of scrutiny.
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