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CAPITAL ADDITION FROM DRAWINGS

This query is : Resolved 

A PROPRIETOR FIRSTLY WITHDRAWAL AMOUNT FROM CAPITAL WHICH TAKEN IN DRAWINGS AND AFTER SOME DAYS HE AGAIN DEPOSIT THE AMOUNT AND ENTRY PASSED IN CAPITAL ADDITION. NOW ITO WANT TO SOURCE OF CAPITAL ADDITION AND ASSESSES SAID THAT CAPITAL ADDITION MADE FROM DRAWINGS . CAN CAPITAL ADDITION MADE FROM SAVINGS OF DRAWINGS.....ANY CASE LAWS...PLEASE SHARE


Yes. Why Not. Capital additions can be done from savings or even from drawings.


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