In case of personal books(not doing any business),it is an indirect expense In case of proprietorship,doing business,it is Drawings(as it is personal expense of proprietor)

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hello i am keeping a personal book in tally i am confused in income tax group

Davneet Singh

In case of personal books(not doing any business),it is an indirect expense

In case of proprietorship,doing business,it is Drawings(as it is personal expense of proprietor)

Written on Dec. 7, 2016, 9:24 p.m.

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Class 6