18 August 2012
i want to how should i fill form - itr 5 for an aop . . . can anyone tell me how should i fill it . . whether the bank interest & house property income should be taken into income & expenditure ac (pgbp) and claim expenditure against it or net income should be filled in income from other sources ??? please clarify it
19 August 2012
You should show the gross receipt from bank interest and HP and then claim the expenditure under the relevant schedules i.e. Schedule HP and OS. Be sure to select the correct status in return.
CAclubindia
