Firm

Tax queries 107 views 1 replies

 MR  A  PARTNER OF  ONE FIRM .HIS CAPITAL NAGATIVE AMOUNT. INTEREST CHARGED IN THIS AMOUNT. HIS CLIM OF INDIVIDUAL INCOME FOR THIS INTEREST?

Replies (1)

if capital a/c have debit balance means he is 

suppose to partnership firm 

in this case how can he ask for interest 


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