Information required to be furnished in terms of clause (e) to notes appended to form of balance-sheet prescribed in the Schedule

Information required to be furnished in terms of clause (e) to notes appended to form of balance-sheet prescribed in the Schedule https://www.taxtmi.com/circulars?id=10917 Net amounts standing to partners' credit-whether fixed capital accounts or merged partner accounts-must be shown under Investments and not under Current Assets, Loans and Advances. The firm's total capital should be disclosed preferably as at the company's balance-sheet date or, where capital fluctuates and accounting dates differ, as per the firm's last authenticated balance-sheet. "Share of each partner" is to be disclosed as the partner's share in the profits of the firm rather than share in capital. en-us Wed, 13 Oct 1976 00:00:00 +0530 Fri, 17 Jun 2011 17:09:00 +0530 TaxTMI RSS Generator Information required to be furnished in terms of clause (e) to notes appended to form of balance-sheet prescribed in the Schedule https://www.taxtmi.com/circulars?id=10917 Net amounts standing to partners' credit-whether fixed capital accounts or merged partner accounts-must be shown under Investments and not under Current Assets, Loans and Advances. The firm's total capital should be disclosed preferably as at the company's balance-sheet date or, where capital fluctuates and accounting dates differ, as per the firm's last authenticated balance-sheet. "Share of each partner" is to be disclosed as the partner's share in the profits of the firm rather than share in capital. Circulars Companies Law Wed, 13 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10917