Filling of ITR-5
This query is : Resolved
26 May 2010
Dear Sir,
While filling of ITR-5 for Partnership Firm where shall we take Interest on Capital Paid to Partners & Remuneration paid to Partners in Profit & Loss A/c
While filling of ITR-5 for Partnership Firm where shall we take Interest on Capital Paid to Partners & Remuneration paid to Partners in Profit & Loss A/c
26 May 2010
1) Interest on capital - You can show under "Interest"
2) Partner's remuneration - You can show under "Other Expenses".
2) Partner's remuneration - You can show under "Other Expenses".
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