Emi on home furniture - individual filing
gaddala ramesh (166 Points)
21 June 2023
asking for individual filing, emi is going on house furniture is it secured loan or expense, pls explain
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(194292 Points)
Replied 21 June 2023
Expenses, but not covered under business expenses. It's debited to personal capital account.
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