Personal investment

Parmod Rawat (B.COM,MBA,CWA Inter) (401 Points)

17 August 2012  

I have a question related to personal investement..
My question is, in a sole proprietorship firm, Ram owner of a sole proprietor paying his lic through capital of a sole proprietor & after twenty years if he gets rs. 20 lac on maturity then what is the treatment in sole propreitorship accounts & in personal account of Ram.

 

waiting for your answer....