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
Indrajit Mondal (Service) (142 Points)
01 November 2008Dear 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
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 01 November 2008
The ideal situation is that he draws not more than the profits earned.
CA Harbinder
(CA )
(1245 Points)
Replied 01 November 2008
| 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 |
" |
srinivas
(humble devotee of saraswati)
(885 Points)
Replied 01 November 2008
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
srinivas
(humble devotee of saraswati)
(885 Points)
Replied 01 November 2008
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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