Interest calculation on capital account

JEEVIKA AND CO (PROPRIETRIX) (153 Points)

13 December 2017  

Respected Sir / Madam,

One Partnership partner's capital accounts is AY 2016-17 (Opening Balance)...

Mr. Raman : Capital Account - Rs. 200,000 (Capital Introduced)

Current Account - Rs. 65000 (Capital received from PandL past Years)

 

Mr. James kannan : Capital Account - Rs. 200,000 (Capital Introduced)

Current Account - Rs. 65000 (Capital received from PandL past Years) in this way

How to I calculate Capital interest and which amount...?

The 12% will calculated Rs. 265000...? or Any other calculations...?

 

Thanks in Advance