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How can we deal with negative capital account

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 August 2018 negative capital account......
in a sole proprietorship.... the client as a loan of Rs 1,64,00,000/- oustanding as on 31 march 2018.. but his capital is on 2,00,000/- how to deal with this situation??
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Expert : Anonymous

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Expert : Anonymous (Expert)
07 August 2018 Can You explain Your query again...!
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
07 August 2018 if you are asking this in regard toITR-3, just mention negative balance in the capital account.
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