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Making investments from current account

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(Querist)
24 May 2012 Im running a business as sole properitor & have a current account wherein the business receipts are deposited.

Is it allowable for me to make investments in Mutual funds by transferring funds from this current account?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
25 May 2012 Yes you can make the investments.

These investments will be disclosed in your Balance Sheet at the time of filing the return.
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