How can we deal with negative capital account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 August 2018
negative capital account......
in a sole proprietorship.... the client as a loan of Rs 1,64,00,000/- oustanding as on 31 march 2018.. but his capital is on 2,00,000/- how to deal with this situation??
in a sole proprietorship.... the client as a loan of Rs 1,64,00,000/- oustanding as on 31 march 2018.. but his capital is on 2,00,000/- how to deal with this situation??
Expert : Anonymous
Expert :
Anonymous
(Expert)
07 August 2018
Can You explain Your query again...!
07 August 2018
if you are asking this in regard toITR-3, just mention negative balance in the capital account.
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