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Life insurance

This query is : Resolved 
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(Querist)
13 August 2011
Dear sir,

How to treat life insurance paid by proprietor as Drawing or indirect expenses
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
13 August 2011 Need to be treated as drawings
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
13 August 2011 yes, its not expense so treat as drawings..
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