Investments by sole proprietor


01 October 2020 Can I as a sole proprietor invest my profits into equity/mutual funds on the company name, will this show as assets on my balance sheet and can this be a legitimate business expense to minimise my taxable income?

10 October 2020 It's not Expenses..it's just investment



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries