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
- TDS 194-T applicability
- Tds on commission charges
- Applicability of GST on Salary Reimbursement Component
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- Dep. as per companies act
- FAST-DS Scheme - Foreign Assets
- New GST registration for new place of business.
- Regarding Applicability of Tax Audit u/s 44AB
- Salary from Qatar in Dollars in India
- CHECK RELATED
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
Quick Links
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
CCI
Pro
CAclubindia
