07 July 2011
SIR, I want to file income tax return for assessment year 2011-2012 of partnership firm.Please about me where i show partner's Salary,interest on capital,and salary pay to employees.Whether all salary to be show in ITR 4 Part A-P & L in colume 15 Compensation to employee a Salaries & wages
07 July 2011
For firms ITR-5 will be applicable. * As there is no other item or column has been provided in ITR-5, (as like ITR-4) Salary to partner has to be shown with Salary & Wages to employees and Interest to partner has to be shown in "Interest" column.