18 March 2011
I am filing ITR4, I am also partner in a firm with 50% share of profit, at the end of the year 2010 my capital in the said firm is Rs 2 lac. Please let me know, in which coloumn in Balance Sheet of ITR4 it will be mentioned
18 March 2011
In ITR4 Balance Sheet is only for proprietorship business. You have to fill up the information of partnership firm in Schedule IF of ITR4.