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Effects of withdrawing payment from business

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(Querist)
18 March 2011 Is there any statutory limitation under companies act / income tax for withdrawing payment by proprietors from his business?
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
18 March 2011 There is no restriction anywhere to withdraw any amount by a proprietor from the proprietorship business.

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