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Cash Transaction
Proprietor can give and take any amount in cash from its sole proprietorship firm??
Replies (10)
I think Yes...
Wait others view...
Wait others view...
There is no limit to it....
There is any clause or sections
please guide me fully
please guide me fully
Yes proprietor can do transactions without any limit.
But question is cash minus or shortage during the year can be solved by this way, is it fair?
No answers for fudging of Accounts
Yes proprietor can bring the cash in business at any time. shortage of cash can be tackled by this way.
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...
- May be yes. But, Source of amount will be explain at the time of rectification/scruitny...
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..
there is no such limit.
someone is speaking of fudging of accounts ..
do u know the meaning of window dressing of accounts..
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.
Chintan, you are kindly requested to contact any nearby consultant.
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