One of first time I.t. return Assess circulated capital rs.10 lacs shown in I.t. returns.
doubt:
what is the meaning of circulated capital .
2 Replies
David
(article Assistant)
(1639 Points)
Replied 21 June 2020
Circulating capital is money being used for core operations of a company ie is working capital.
Kollipara Sundaraiah
(B.com)
(2985 Points)
Replied 22 June 2020
Any Limit circulated capital first time I.t. return filed person in I.t.act
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