Proprietor drawings
This query is : Resolved
26 September 2014
In ITR4 where to enter partners drawings.
In Source of Fund[BS] proprietor capital we have to show current year income only or last year capital + Profit/loss + capital introduced - drawings
In Source of Fund[BS] proprietor capital we have to show current year income only or last year capital + Profit/loss + capital introduced - drawings
26 September 2014
For partnership and proprietorship as well only closing balance of capital (opening + profit + capital introduced - drawings) is to be shown in the ITR4.
Thanks.
Thanks.
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