Partnership

317 views
User Avatar

709 Points Posted on 23 January 2020
if one partner transfer money in company name bank... which is come under capital or loan a/c?
0 Reply Share Follow
On 23 January 2020 at 21:49 Report
Replies (2)
Quick Summary
This discussion clarifies whether a bank transfer made by a partner into the company's account should be recorded as capital or a loan. The consensus is that the nature of the transaction depends on the specific activities and agreements between the partner and the firm. It's essential for the partner to confirm how they intend for the funds to be treated for accurate accounting.

User Avatar

2 Points Posted on 23 January 2020
Capital
Reply
On 23 January 2020 at 22:24
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 24 January 2020
@ Mr SUMIT.,

The details will be Your partner and firm's activity. means they only confirm the same if it's capital or loan...

It's not a query..
1 Reply
On 24 January 2020 at 05:37

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. LTCG on property sale
  2. Capital gains incidence due to bonus shares
  3. Amendment of Object Clause of Memorandum
  4. How Can I Request a Refund for an Accidental Airte
  5. TDS on salary paid in cash
  6. YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
  7. Last Date To Fill ITR For Non-Audit Case
  8. Guidance Required on Filing Fresh Registration und
  9. IT Return Refund Status AY 2026-27
  10. Clarification Regarding Income Tax Demand Notice

More recent discussions | Post

Related Topics :

Loading