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Making investments from current account (Shares & Stock)

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This query is : Resolved


( Author )
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?


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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