Where to show drawings in balance sheet (itr 4)
Monica_S (Self Employed) (5 Points)
20 January 2017
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 21 January 2017
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 21 January 2017
Monica_S
(Self Employed)
(5 Points)
Replied 21 January 2017
Thanks for responding Suresh. Please let me know - The proprietors capital would be Net profit from P&L - Drawings?
I filed as self employed professional and claim no expenses. All gross receipts are treated as income. So I just want to know how will that he reflected in Balance Sheet?
Thank you
Rohit
(Fhk)
(63 Points)
Replied 21 January 2017
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