Partnership remuneration and interest
This query is : Resolved
30 September 2018
Sir,
Partnership firm remuneration and interest received Rs.1100000 and 125000, the received entry for Individual accounts for filing of income tax & computation for ITR.
Partnership firm remuneration and interest received Rs.1100000 and 125000, the received entry for Individual accounts for filing of income tax & computation for ITR.
01 October 2018
File ITR 3. For Remuneration.and Interest.
If received through Bank
Bank account Dr
Cr. Salary from Firm
Cr. Interest on Capital
If it is added to capital than
Dr.Firm Investment A/c
Cr Salary from Firm
Cr Interest on capital
If received through Bank
Bank account Dr
Cr. Salary from Firm
Cr. Interest on Capital
If it is added to capital than
Dr.Firm Investment A/c
Cr Salary from Firm
Cr Interest on capital
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Gift of mutual fund units to daughter
- Under construction property in ITR
- Not able to file ITR
- Upload Level ValidationITR3Category of Defect B/D
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
