Cash Transaction

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21 Points Joined March 2018
Proprietor can give and take any amount in cash from its sole proprietorship firm??
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On 20 January 2020 at 18:04 Report
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
I think Yes...


Wait others view...
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On 20 January 2020 at 19:12
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28120 Points Joined May 2017
There is no limit to it....
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On 20 January 2020 at 19:29
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21 Points Joined March 2018
There is any clause or sections
please guide me fully
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On 21 January 2020 at 18:13
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76 Points Joined July 2018
Yes proprietor can do transactions without any limit.
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On 21 January 2020 at 23:50
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21 Points Joined March 2018
But question is cash minus or shortage during the year can be solved by this way, is it fair?
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On 22 January 2020 at 08:41
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17264 Points Joined December 2018
No answers for fudging of Accounts
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On 22 January 2020 at 23:48
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76 Points Joined July 2018
Yes proprietor can bring the cash in business at any time. shortage of cash can be tackled by this way.
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On 23 January 2020 at 08:15
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
But question is cash minus or shortage during the year can be solved by this way, is it fair?


- May be yes. But, Source of amount will be explain at the time of rectification/scruitny...
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On 23 January 2020 at 08:16
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28120 Points Joined May 2017
In a sole proprietor firm..
there is no such limit.



someone is speaking of fudging of accounts ..


do u know the meaning of window dressing of accounts..
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On 05 March 2020 at 18:30
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17264 Points Joined December 2018
I request let this open forum not be mis-used for such fudging type queries.

Chintan, you are kindly requested to contact any nearby consultant.
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On 06 March 2020 at 00:26


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