THERE IS NO TRADING ACTIVITY IN A PARTNERSHIP FIRM BUT IT IS CARRYING FORWARD IT'S LOSSES FROM PREVIOUS YEARS. I WANT TO KNOW WHETHER IN AY 10-11,11-12,12-13, WE CAN SHOW INTEREST ON CAPITAL AND REMUNERATION TO PARTNERS (RS 150000 IN CASE OF LOSS).
Neha Bhattar (none) (170 Points)
25 August 2014THERE IS NO TRADING ACTIVITY IN A PARTNERSHIP FIRM BUT IT IS CARRYING FORWARD IT'S LOSSES FROM PREVIOUS YEARS. I WANT TO KNOW WHETHER IN AY 10-11,11-12,12-13, WE CAN SHOW INTEREST ON CAPITAL AND REMUNERATION TO PARTNERS (RS 150000 IN CASE OF LOSS).
NAVEESH DHAR
(ADVOCATE- TAXATION ADVISOR)
(427 Points)
Replied 25 August 2014
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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