banner_ad

Can sole proprietor take salary??

734 views 5 replies
User Avatar

1359 Points Joined October 2021
can sole proprietor take salary??
0 Reply Share Follow
On 26 November 2021 at 23:38 Report
Replies (5)
User Avatar

Practising CA
8954 Points Joined December 2013
No. Salary is paid by a distinct employer to a distinct employee.
Reply
On 26 November 2021 at 23:48
User Avatar

1359 Points Joined October 2021
So what if he takes salary a record it as employees salary and in actual there is no employee in his firm
Reply
On 27 November 2021 at 05:07
User Avatar

student
39 Points Joined January 2013
It is called Scam.
2 Reply
On 27 November 2021 at 05:24
User Avatar

1359 Points Joined October 2021
Is there any penalty for that and how the govt or IT department know that
Reply
On 27 November 2021 at 05:29
User Avatar

Profession Business
28196 Points Joined May 2017
Sole propreitor can withdraw money from firm
Reply
On 27 November 2021 at 06:34

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details