RELATED PARTY TRANSACTIONS

6 Months Ended

Sep. 30, 2012

Related Party Transactions [Abstract]

Related Party Transactions Disclosure [Text Block]

NOTE C - RELATED PARTY TRANSACTIONS

The Fund has entered into several transactions with various affiliates of the general partner of the Fund, including Boston Capital Holdings Limited Partnership, Boston Capital Securities, Inc., and Boston Capital Asset Management Limited Partnership as follows:

An annual fund management fee of .5 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 various 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 fund management fees accrued for the quarters ended September 30, 2012 and 2011, are as follows:

	2012	2011
Series 20	$   26,817	$   48,924
Series 21	16,770	21,468
Series 22	35,920	49,032
Series 23	30,063	40,497
Series 24	30,855	38,943
Series 25	21,148	30,246
Series 26	74,403	85,104
Series 27	57,926	58,428
Series 28	74,662	83,529
Series 29	82,851	82,851
Series 30	41,953	43,536
Series 31	88,401	91,038
Series 32	70,857	70,857
Series 33	30,852	34,005
Series 34	73,299	73,299
Series 35	54,900	57,090
Series 36	40,149	40,149
Series 37	51,216	51,216
Series 38	41,100	41,100
Series 39	34,200	34,200
Series 40	50,004	50,004
Series 41	59,517	59,517
Series 42	62,445	62,445
Series 43	76,695	76,695
Series 44	71,175	71,177
Series 45	91,641	91,641
Series 46	62,382	62,382
	$1,452,201	$1,549,373

The fund management fees paid for the six months ended September 30, 2012 and 2011 are as follows:

	2012	2011
Series 20	$  263,000	$        -
Series 21	50,000	50,000
Series 22	-	100,000
Series 23	37,750	100,000
Series 24	149,800	100,000
Series 25	503,807	-
Series 26	795,750	-
Series 27	726,000	-
Series 28	258,375	-
Series 29	50,000
Series 30	98,000	100,000
Series 31	98,230	-
Series 32	75,000	-
Series 33	50,000	-
Series 36	25,000	-
Series 37	75,000	-
Series 38	75,000	-
Series 39	25,000	-
Series 41	25,000	-
Series 42	100,000	-
Series 43	25,000	-
Series 44	25,000	-
Series 45	200,000	-
Series 46	100,000	-
	$3,830,712	$  450,000