In a sole properietorship firm, how much cash can be shown as capital contribution by owner in firm
Menu
Cash as capital
Replies (2)
If it sole proprietorship, the whole amount of cash less liabilities belongs to him.
Capital brought in by the owner is introduced by the owner less all liabilities .
Recent Topic
- Section 192 2(b) entry in IT return ITR 1
- Rent from redevelopment property
- How to find FMV of inherited gold after selling it
- Happy CA Day!!
- Share your proudest CA moment 🏆
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
Related Topics
CAclubindia
