An owner of sole proprietorship can take
salary from the business.
Akash Jain (9 Points)
26 January 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14151 Points)
Replied 26 January 2022
Aarti Maurya
(Student)
(3053 Points)
Replied 29 January 2022
no a sole proprietor cannot draw salary from his business.It will be treated as drawings.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
