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TARAK KUMAR ROY
(Querist)
18 July 2020
I have paid lic premium of Rs. 11993/- and PF deduction was made of Rs.18000/- during the F.Y. 2019-20. Are these investments and to be deducted from capital fund account through drawing?
TARAK KUMAR ROY
(Querist)
18 July 2020
KINDLY ARRANGE TO SEND ME YOUR VALUABLE REPLY ASKED TODAY. I WILL BE HIGHLY OBLIGED FOR YOUR REPLY.
Harshit Bangar
(Expert)
18 July 2020
Yes, These investments are to be deducted from Capital account.
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