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Nature of payment transaction

Others 267 views 4 replies
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CA (Tax Management)
132 Points Posted on 17 August 2022
proprietor transfer payment to family members account, kon se head me Entry karenge
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On 17 August 2022 at 16:18 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 17 August 2022

Either loan to such members or to proprietor's capital account, depending upon its nature.

2 Reply
On 17 August 2022 at 20:41
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Chartered Accountant
86505 Points Posted on 17 August 2022
Agar loan form me hai to as Loans & advances, Agar gift hai to as a gift in capital account.

Also shown under drawings in capital account
2 Reply
On 17 August 2022 at 22:59
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CA (Tax Management)
132 Points Posted on 17 August 2022
Thank you
@ Dhirajlal Rambhia
@ CA Rashmi Gandhi
1 Reply
On 17 August 2022 at 23:03
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Chartered Accountant
86505 Points Posted on 18 August 2022
Welcome Dear
1 Reply
On 18 August 2022 at 21:13


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