Query in ITR 5
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2010
In ITR 5 interest and remuneration paid to partners should be shown under the head interest and salaries or under other provisions in P & L A/c
30 June 2010
In my veiw, it should be shown under other Expenses, Because in item no. 15 of Part A-P& L heading shows, "Compensation to employees". and Partner is not supposed to be employee.
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