Showing security deposits in the balance sheet in ITR-5

This discussion addresses the correct placement of refundable security deposits paid to an Internet Service Provider on the ITR-5 balance sheet. It explores options within current assets and loans and advances, specifically questioning whether such deposits should be classified under 'Advances recoverable' or 'Deposits, loans and advances to corporates and others'. The consensus leans towards classifying it as a deposit under loans and advances, with a cautionary note regarding potential ROC compliance (DPT-03) if treated as an Intercorporate Deposit for private limited companies.