can a proprietor take salary??
CA VIRAL SANGHVI
(Finance head)
(681 Points)
Replied 08 December 2016
Basically the proproetor of business is owner of business so Proprietor can not take salary.he/she can take withdrawal.
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)
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