drawing a/c
This query is : Resolved
04 November 2009
what is drawings a/c of properitor in case of firm.whether we add last year advance tax paid & tds in properitor"s drawings a/c.
04 November 2009
Drawings account means under which all personal expenses done by the proprietor will be dr. and also we dr. advance tax & TDS of last year to drawings account.
The reason behing dr. advance tax & TDS is that this is not allowed as expenses in income tax act.
The reason behing dr. advance tax & TDS is that this is not allowed as expenses in income tax act.
04 November 2009
agree with Chetan ji
04 November 2009
Agree
04 November 2009
agree
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
