accounting treatment for a employees used for personal use for 6 month
does it is treated as drawing ?
4 Replies
Dnyanesh Deshpande
(Aspiring CA)
(133 Points)
Replied 11 June 2022
No one can prove whether used for personal use or business, claim as salary expenses.
CA Puja Sharma
(Chartered Accountant)
(5010 Points)
Replied 11 June 2022
You can claim as salary expenses under business.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 11 June 2022
Show it as drawing if you want to show him for personal use
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