Menu
Interest on drawings
Interest on drawings is claimed as business expense in the hands of partners in their itr?
Replies (5)
Quick Summary
No it should not be claimed
No you can't.
Not allowed
Is any tds on interest on drawings?
First of all , drawing is taking out self money and you can't pay interest to yourself.
Secondly, if you don't pay interest then why TDS liability will arise.
Secondly, if you don't pay interest then why TDS liability will arise.
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
