Cash loan from proprietor name accepted
This query is : Resolved
09 December 2022
Sir,
A individual status business person proprietor name Mr.A and cash balance low availability in books.cash loan from proprietor name Mr.A show in books.
Question:
Cash loan from proprietor name Mr. A transaction accepted in it act.
A individual status business person proprietor name Mr.A and cash balance low availability in books.cash loan from proprietor name Mr.A show in books.
Question:
Cash loan from proprietor name Mr. A transaction accepted in it act.
09 December 2022
Not possible. For proprietor/s, cash balance for business or individual is not very different, being same PAN. So, proprietor can bring in capital by bank transfer, or loan from any relative. For cash loan from different PAN, the limit should be below Rs. 20,000/- from each.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- TAN for Partnership
- NON- SUBMISSION OF LLP FORM 3
- Long Term Service award taxability in hands of company
- What is provisional receipt number for generation of form 16A
- Last year TDS Claim
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- LTCG for Assmt year 26-27
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
