Sir,
If I rupees 35000/- transfer in my daughter/Son's Bank Account. and there is no any sources of income of my Daughter/son. he is still studying.
so in my balance sheet that amount will be consider as a loan or drawing (Reduce in my capital) ?
Aggarwal Sarawagi and Co
New Delhi
CA
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Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
