capital balance as on 31-03-2022 rs 240000 can a proprietor introduce more capital in buisness during the financial year 2022-23
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Quick Summary
This discussion clarifies that a proprietor can indeed introduce more capital into their business during the financial year. It addresses the possibility of backdated capital introductions and confirms that capital can be added via bank transfer or cash. The key takeaway is that such introductions should align with the current financial year's accounting period.