my boss asked me to find out the ways for increasing capital / net worth of his wife in her personal account.
In his wife b/s we are showing income of rs.3,00,000/- as sale from sarees under presumptive basis by depositing cash in to the bank. she is of 65 years old. other income includes interest earned from loan given, bank interest. she invests in ppf by keeping tax liability around 1,000/-
i request you to kindly suggest me the other ways so that her capital balance / net worth can be increased so the net worth will also be increased.
CAclubindia
