Basic Query regarding filling in Form ITR-5
This query is : Resolved
Guest
Guest
(Querist)
27 September 2010
Dear Friends / Experts,
Query
Which are the appropriate fields for the mention of partners' salary in the Form ITR-5 - Part A - Other Information and in Schedule BP Sheet ?
Please confirm the following :
Field 1 - Part A - OI Sheet
8. A. Amounts debited to the profit and loss account, to the extent disallowable under section 40 and
Field 2 - Schedule BP
30. Any other amount allowable as deduction.
I shall wait for your views.
Query
Which are the appropriate fields for the mention of partners' salary in the Form ITR-5 - Part A - Other Information and in Schedule BP Sheet ?
Please confirm the following :
Field 1 - Part A - OI Sheet
8. A. Amounts debited to the profit and loss account, to the extent disallowable under section 40 and
Field 2 - Schedule BP
30. Any other amount allowable as deduction.
I shall wait for your views.
28 September 2010
Sir
Regarding schedule BP
Pl fill column 22 with the amount debited in p& l account and clause 30 with the amount allowable under section 40(b) of the IT Act,1961.
Regarding schedule BP
Pl fill column 22 with the amount debited in p& l account and clause 30 with the amount allowable under section 40(b) of the IT Act,1961.
28 September 2010
Sir
Regarding Part A-OI Sheet
Clause 8 should be filled as NIL.
Regarding Part A-OI Sheet
Clause 8 should be filled as NIL.
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