accounting treatment for a employees used for personal use for 6 month
does it is treated as drawing ?
Menu
Accounting for drawing
Replies (4)
No one can prove whether used for personal use or business, claim as salary expenses.
You can claim as salary expenses under business.
No drawing
club it under office overhead.
club it under office overhead.
Show it as drawing if you want to show him for personal use
Recent Threads
- Can claim Itc
- Transfer of mutual funds to son as gift
- First Time ITR with 5000 penalty
- Loss due to non tradeable stocks
- What's CGAS?
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
Related Threads
CAclubindia
