Huge amount held
Angad kr kannaujiya (Studant) (169 Points)
21 March 2011Angad kr kannaujiya (Studant) (169 Points)
21 March 2011
Pankaj Arora
(Learner)
(3134 Points)
Replied 21 March 2011
how can you include in income its company liability hence you have to pay it….
AVIJIT
(CA FINALIST)
(370 Points)
Replied 21 March 2011
It will be an asset for your employer and liability for the pvt ltd co. I believe there is a problem if your employer is not showing any income from that loan and I didn't get what you want to mean by "saying as part of capital"