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Sole proprietorship

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(Querist)
27 July 2012 Is in sole proprietorship business personal expense is allowable ?
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aadish

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aadish (Expert)
27 July 2012 Dear Vipin

NOt at All....

If it is for businee purpose, then only it is allowable.
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Guest

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Guest (Expert)
27 July 2012 Personal expenses are not allowable. They are part of drawings.




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