02 May 2015
1.It's a partnership firm but the premium is been paid for his own insurance from the firm's bank a/c, so it should Debited CApital a/cbut what about in his own books Investment or Capitalise it ?????? thnx preet
02 May 2015
ok thnx what about mediclaim policy ???? it should expenses or same invetment in his own books??? & when we hv bn reimbursed(money received) with the medclaim how to treat it ????????
06 May 2015
kindly don't give the wrong information how r u saying that everything is capitalised in own books??????? there is a P & L A/c else how to calcualte tax on individual????????
06 May 2015
kindly don't give the wrong information how r u saying that everything is capitalised in own books??????? there is a P & L A/c else how to calcualte tax on individual????????
CAclubindia
