please suggest if a getting the salary is show his direct income in proprietorship firm profit and loss statement
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 06 February 2021
Salary will be included under salary Income
CA PRAVEEN PACHALAG
(CA )
(208 Points)
Replied 06 February 2021
Salary to be shown in Capital Account of proprietor account in balance sheet and to be taken under head income from salary in ITR
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