drawing a/c
This query is : Resolved
04 November 2009
what is drawings a/c of properitor in case of firm.whether we add last year advance tax paid & tds in properitor"s drawings a/c.
04 November 2009
Drawings account means under which all personal expenses done by the proprietor will be dr. and also we dr. advance tax & TDS of last year to drawings account.
The reason behing dr. advance tax & TDS is that this is not allowed as expenses in income tax act.
The reason behing dr. advance tax & TDS is that this is not allowed as expenses in income tax act.
04 November 2009
agree with Chetan ji
04 November 2009
Agree
04 November 2009
agree
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