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ITR-5 Query Please help


divyesh (Partner)     17 March 2010

divyesh
Partner 
 107 points

| My Other Post

Dear all

 

Where in (in which colum) in ITR-5 can i claim deduction u/s 40a and 40b interest to partner and remuneration to partners in schedule BP

avater

CA Dhiraj Ramchandani (CA, M. com)     17 March 2010

CA Dhiraj Ramchandani
CA M. com 
 1209 likes  10818 points

View Profile | My Other Post

Look, u have to include the NET PROFIT (net of such remuneration and interest) to the schedule BP...

 

Such expenses are recoreded in OTHER EXPENSES head of Part A - P&L.....


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