Hi,
I'm running small manufacuturing jaggery unit and doing sales across India. Since started in 2017 only, I didnt make profit and investing more to expand the business.
Its partnership firm by 3 people.
I'm taking money from company account for personal expenses like travel, food, etc. All 3 take money only for these type expenses. Guess these can be shown as expenses from company side?
Now should I show it as income or how it should be shown for me as well we company.
based on this only Ive to do company filing also.
Thanks in advance