Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170119 Points)
Replied 16 February 2017
If already declared in capital account, no need in BS.
Vishal
( CA student)
(394 Points)
Replied 16 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170119 Points)
Replied 17 February 2017
Because you cannot live without expending anything. If an individual has not withdrawn any capital for personal expenditure (from Personal BS/CA), implies some other source of undisclosed income!!!
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)