Anon
watch_later 28/07/18

One i.t. person  maximum amount limit personal drawings one finicial year.

1 Response | Latest response: 29/07/18 | Sort by Likes(thumb_up) Recent | Income-Tax Reply
watch_later 29/07/18

There is no maximum amount of drawings prescribed any where. It has to be based on the standard of living. Minimum amount atleast to cover house rent, house hold exp, school fees etc needs to be disclosed in the accounts.

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