Circulated capital

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B.com
3025 Points Posted on 21 June 2020
One of first time I.t. return Assess circulated capital rs.10 lacs shown in I.t. returns.
doubt:
what is the meaning of circulated capital .
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On 21 June 2020 at 18:59 Report
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Quick Summary
This discussion clarifies the meaning of 'circulated capital' as it appears on Income Tax returns. It's essentially the working capital a company uses for its core operations. The query also touches upon any specific limits or considerations for individuals filing their IT returns for the first time that mention this figure.

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article Assistant
1644 Points Posted on 21 June 2020
Circulating capital is money being used for core operations of a company ie is working capital.
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On 21 June 2020 at 21:46
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B.com
3025 Points Posted on 22 June 2020
Any Limit circulated capital first time I.t. return filed person in I.t.act
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On 22 June 2020 at 15:47

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