Easy Office
LCI Learning

Can we Pay Salary to a Proprietor

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 November 2008 I am running a business under a Proprietory Concern. I want to know can we show in the firm accounts that salary is paid to me.

Thanks.
Profile Image

S.Srinivasaraghavan

Profile Image

S.Srinivasaraghavan (Expert)
05 November 2008 No. It is not possible for the employer and employee to be the same person.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links