Presumptive can be added to capital account for further use
Thanwar Chhatwani (19 Points)
04 January 2023Thanwar Chhatwani (19 Points)
04 January 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(196062 Points)
Replied 04 January 2023
No. Because the assets doesn't get increased, in reality.
Thanwar Chhatwani
(19 Points)
Replied 04 January 2023
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(196062 Points)
Replied 04 January 2023
For drawings, that need not be only from income, it can be capital withdrawal too...