Amount received from spouse
This query is : Open
Querist : Anonymous
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?
Expert : Anonymous
Expert :
Anonymous
(Expert)
09 July 2018
No... It's not capital.
You can receive it as Gift or Loan...
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