A partners capital and current account statement: opening, introduction, interest, remuneration, profit share, drawings and closing balance.
Year ended ___ | PAN: ___
Interest on capital and remuneration to partners are allowed or restricted as the Income-tax Act and the deed provide; the deed must authorise them. Confirm the current law, rule or form before you rely on this for a specific client.
Prepared by: ___ Approved by partners: ______________________ Date: ___
This template follows the format published by the Institute of Chartered Accountants of India (ICAI) in the AASB Audit Working Paper Templates (June 2023), the authoritative reference for Indian statutory-audit documentation. Fill in your firm’s letterhead and the engagement details on the form above, click Download Word file, and you’ll get a fully formatted .docx ready to use.
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