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How to show expenses from personal a/c for sole propietorshp

Tax queries 512 views 1 replies

Hello everyone, I really confused in this matter of Sole Proprietorship. If Banks don't issue credit card on current account then how will I transact online in the name of my sole proprietor business? Because online purchases occur using my personal credit card.

Is there a provision where I can transact on behalf of my sole proprietor business so that my expenses can be shown as business expenses?

Please help me clear out this confusion!

Replies (1)
on the date of transaction , make a cheque payment from proprietorship firm's bank a/c to your credit card a/c. in this way accounts can get reconcile,


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