Drawings

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Dear All,

If a Proprietor invest 50,000/- as Capital for his company then how much he can taken back amount as Drawings?and the amount of drawings should be show in his IT Computation under which head?

INDRA

Replies (4)

The ideal situation is that he draws not more than the profits earned.

Originally posted by :Indrajit Mondal
" Dear All,
If a Proprietor invest 50,000/- as Capital for his company then how much he can taken back amount as Drawings?and the amount of drawings should be show in his IT Computation under which head?
INDRA
"

Dear All,
If a Proprietor invest 50,000/- as Capital for his company then how much he can taken back amount as Drawings?and the amount of drawings should be show in his IT Computation under which head?
INDRA

Dear All,
If a Proprietor invest 50,000/- as Capital for his company then how much he can taken back amount as Drawings?and the amount of drawings should be show in his IT Computation under which head?
INDRA


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