Is capital reserve included in calculation of capitals of solvent partners?
S.K.Agarwal (Novice) (72 Points)
19 March 2010Is capital reserve included in calculation of capitals of solvent partners?
Payal Gupta
(article assistant)
(176 Points)
Replied 09 April 2010
yes but before adjusting the profit or loss on realisation
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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