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
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