Please elaborate what do your mean by drawing here? Is it use of goods for personal use by directors?
Yes there is n such drawings allowed to directors from the Company. Adjust the amounts taken by the directors from the company with their remuneration payment.
There is no concept of drawings in Public or Private Companies.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
