Personal accounts
gaddala ramesh (166 Points)
15 May 2023
amount transfer from savings account to savings account is capital expenditure or ban
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(195329 Points)
Replied 15 May 2023
If both are your accounts, there is no expenditure.
It is contra entry...
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 15 May 2023
Personal accounts are not important but company accounts are. You can have multple acxounts and do transactions. Business accounts needs to do reporting.
Recent Topics
- Running of HUF
- Potential consequence of consolidated TDS entries?
- Recovery of salary by employer for short notice pe
- Enquiry for any CA Firm for Sale in Bangalore
- AIS app is not working.
- RCM applicability of purchase of Railings Grills &
- GST invoice heading
- Wdv for old truck sale
- Stamp paper on partnership
- Self assessment tax paid receipt
Related Threads
Trending Online Classes
CAclubindia
