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Amount received from spouse

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2018 how will we account for any amount received from spouse in case of sole proprietorship business? can we show the amount received as capital introduced in business?
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Expert : Anonymous

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Expert : Anonymous (Expert)
09 July 2018 No... It's not capital. You can receive it as Gift or Loan...

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