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Savings over the years

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online

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online (Querist)
28 October 2020 A Assess is savings Rs:2 lacs for year and his total accumulated capital is Rs:20 lacs in last 10 years.
Question:
Assess how to show this accumulated capital in I.t. returns.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 October 2020 If you are doing business show it in the balance sheet else no need to show it in ITR.

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