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Understanding about proprietors fund in part bs in itr4

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2016 dear sir,please make me understand clearly the terms PROPERIETORS CAPITAL, RESERVES & BSURPLUS, REVALUATION RESERVE, CAPITAL RESERVE, STATUTORY RESERVE AND ANY OTHER RESERVE WHICH FALLS UNDER THE PROPERITORS FUND IN PART BS OF ITR4.
ALSO TELL ME THAT WHAT TYPE OF ENTRIES SHOULD BE DONE IN THESE OPTIONS.
i shall ever be obliged you for this kind hearted act.

22 August 2016 the forms are designed so a to suit MAXIMUM number of assessees. For proprietor, most of these items are INAPPLICABLE.


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