Showing vendor advances in Balance Sheet in ITR Form

Amlan Ranjan Dutta (Business) (103 Points)

29 December 2021  

Where to show vendor advances in the Balance Sheet in ITR-5?

1)  a. Current assets > 4. Other Current Assets

2)  b. Loans and advances > i. Advances recoverable in cash or in kind or for value to be received

3)  b. Loans and advances > ii. Deposits,loans and advances to corporates and others