Lic premium
This query is : Resolved
12 September 2011
if lic premiun is capitalised in the book. at which column of itr-4 it is to be shown. .(Part-A-BS] BALANCE SHEET AS ON 31ST DAY OF MARCH, 2011 OF THE PROPRIETORY BUSINESS ).
i have already shown it in deduction column
i have already shown it in deduction column
12 September 2011
LIC premium is not capital asset but its to be shown in drawings.
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