FORM 3CD
This query is : Resolved
Guest
Guest
(Querist)
19 August 2010
PLEASE INFORM ME ABOUT FORM 3CD OF INCOME AX AND ALSO SOME POINTS IN THIS FORM LIKE..
1.INTEREST PAID
2.INTEREST RECEIVED
WHAT AMOUNT SHOULD BE TAKEN UNDER THIS HEAD?
1.INTEREST PAID
2.INTEREST RECEIVED
WHAT AMOUNT SHOULD BE TAKEN UNDER THIS HEAD?
19 August 2010
1. All interest paid either to bank or individuals
2. same as above.
2. same as above.
Guest
Guest
(Querist)
19 August 2010
INTEREST AMOUNT WILL BE CONSIDERED ONLY FROM P&L ACCOUNT OR OTHER ACCOUNT LIKE CAPITAL ACCOUNT?
19 August 2010
All interest debited to P & L A/c. So it will include interest on partners capital also.
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