Hi,
I was Filing ITR4, and in part BS, there is a section stating
| Proprietor’s capital |
What exactly do we need to fill in this section, Do we need to fill in "Capital Account" balance at the end of the FY.
Thanks,
Harshit Patel
Menu
Proprietors capital in part BS in Itr4
Replies (1)
ITR4.
There are two sets of accounts - 1. Proprietory concern and 2. Individual account
You need to fill the balance sheet and profit and loss of proprietory concern.
As per the accounts of proprietory concern - the accumulated balance of proprietor will be closing balance of capital account as at 31.03.2013.
you need to fill the amount as per balance sheet and it should tally in the ITR. Assets and Liabilities. Vertical Format.
Hope this solves your queries.
Recent Threads
- CERTIFIED FRAUD EXAMINER EXAM
- Service availed ITC query
- How do I purchase Copper Clues games in Kolkata?
- Regarding Annual Return for 23-24
- Property registration without physical PAN card
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
- How much tax is payable If I withdraw my mutual fu
- GST Penalty Provisions under Section 73 vs Section
- How VFA Academy Helps Traders Build Discipline and
Related Threads
CAclubindia
