Dear Experts and Friends,
Please clarify me as to how to treat deposit from partnership firm in which one of the shareholders is interested for filing return of deposit in Dpt.4.
How do i classify the above item-
1. Treat it as "amount received by a company from another company" and exempt as stated in Rule 2 (c) (vi);
or
2. Treat as deposit from relative
Regards,
Srividhya
Experts your opinion please..
Not able to file the form for this item requires clarification. Provide your giudance please.
Awaiting eagerly.
- Srividhya
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
View Details
Abic and Mani Chartered Accountants
Kottayam
B.Com
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CCI
Pro
CAclubindia
