Please confirm, the field ‘Partners’/members’ capital’ provided in Form ITR-5 denotes the Fixed Capital Balance of Partners or it also includes the ‘Current Account Capital Balance’.
Your reply, please..............
Please confirm, is it appropriate to consider the Partners’ ‘Current Account Capital Balance’ as ‘Any Other Reserve’ in Form ITR-5.
Your reply, please..............
Thanks in advance for possible replies from all concerned.
CAclubindia
