RELATED PARTY TRANSACTIONS

6 Months Ended

Sep. 30, 2014

 NOTE C - RELATED PARTY TRANSACTIONS

 The Partnership has entered into several transactions with various affiliates of the general partner of the Partnership, including Boston Capital Holdings LP, Boston Capital Partners, Inc. and Boston Capital Asset Management Limited Partnership.

 Accounts payable - affiliates at September 30, 2014 and 2013 represents accrued general and administrative expenses, accrued partnership management fees, and advances from an affiliate of the general partner of the Partnership, which are payable to Boston Capital Holdings LP and Boston Capital Asset Management Limited Partnership.

 An annual partnership management fee based on .375 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The partnership management fees accrued for the three months ended September 30, 2014 and 2013 are as follows:

	2014	2013
Series 1	$ -	$ -
Series 2	-	-
Series 3	1,332	6,433
Series 4	-	-
Series 5	-	-
Series 6	-	-
	$ 1,332	$ 6,433

  The partnership management fees paid for the three months ended September 30, 2014 and 2013 are as follows:

	2014	2013
Series 1	$ -	$ -
Series 2	-	-
Series 3	-	-
Series 4	-	-
Series 5	-	-
Series 6	-	-
	$ -	$ -

 The partnership management fees paid for the six months ended September 30, 2014 and 2013 are as follows:

	2014	2013
Series 1	$ -	$ -
Series 2	-	-
Series 3	-	-
Series 4	-	-
Series 5	-	-
Series 6	-	-
	$ -	$ -

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References+ Details

BOSTON CAPITAL TAX CREDIT FUND LTD PARTNERSHIP 10-Q