Dear All,
Let me know can we use company's capital in exp made for business.Its a pvt ltd company.
4 Replies
lucky bhatia
(-)
(37 Points)
Replied 15 April 2012
offcourse, capital is for to met the expenditures of the company
Brajesh gautam
(student)
(232 Points)
Replied 16 April 2012
NOT AGREED, BCOZ , CAPITAL OF PVT LTD CAN NOT BE FLUCTUATED EVERY YEARS MEETING OUT EXPENSES.,
ashish gupta
( student)
(1922 Points)
Replied 16 April 2012
Use assets (e.g. cash) for the expenses. Assets together forms capital.
Recent Topics
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
- Rectification to decrease income in SCHEDULE OS
- Can Statutory Auditor of a subsidiary become concu
- Client Asking for the Revised Invoice
- Share office desk in bkc, near family court
- 80D claim for payment paid by parent
- TDS on purchase of Flat under subvention scheme be
- GST registration for medical shop in Karnataka
Related Threads
CAclubindia
