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Income treatment under individual capital account

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 October 2012 KIND ATTN. SIR

AN ASSESSEE HAVING INCOME FROM PROPRIETORSHIP CONCERN AND INCOME FROM SALARY,BOTH ARE SHOWN SEPARATELY UNDER COMPUTATION STATEMENT.WHETHER INCOME FROM SALARY ALSO TO BE SHOWN UNDER INDIVIDUAL CAPITAL ACCOUNT PREPARATION

KINDLY CLARIFY

WITH REGARDS

CA.P.SHANGAR
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CA C.JANANI

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CA C.JANANI (Expert)
10 October 2012 It is not necessary to bring it under capital unless you invest the salary into business.
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