In ITR 6, if balance in Profit & Loss is negative figure & it is more than share capital then negative balance is not automatically shown in Shareholder Fund ...Then please suggest where I will show the negative balance of P/L account. ???
In ITR 6, if balance in Profit & Loss is negative figure & it is more than share capital then negative balance is not automatically shown in Shareholder Fund ...Then please suggest where I will show the negative balance of P/L account. ???
in balance sheet under the head reserve & surplus serial no-8
In Serial No 8 under reserve & surplus column if negative balance is more than share capital then negative shareholders fund not reflected in ITR 6.
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