Menu
Is there any concept of drawing of good
is there any concept of drawing of goods in public company and private company
Replies (6)
Please elaborate what do your mean by drawing here? Is it use of goods for personal use by directors?
Yes goods withdrawn by directors for personal use
There is no Concept of Drawings in Private and Public Ltd Cos..
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.
Concept of drawings is only for partnership.
There is no concept of drawings in Public or Private Companies.
Recent Threads
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
Related Threads
CAclubindia
