if there is PPF (SAVINGS ) GIVEN IN THE TRIAL BALANCE UNDER
THE HEADING CAPITAL THEN WHERE WILL ITS EFFECT BE ??
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if there is PPF (SAVINGS ) GIVEN IN THE TRIAL BALANCE UNDER
THE HEADING CAPITAL THEN WHERE WILL ITS EFFECT BE ??
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It's Investment, but now it was reflected as drawing. better to put in Investment and credit it interest as income which is taxable.
CAclubindia
