Hello sir
I am a businessman from Vadodara Gujarat
I have withdrawn around 8 lakh from bank which are now shown as cash in hand .
I have used this money for my personal expenditure ( marriage of my nephew).
Now if you I show this as drawing in my books of Account than it will reduce my capital than I won't be able to get a loan from bank.
And I show this expenditure than still my profit will reduce.
Please show me a way such that even it won't amount violation of any provisions of income tax..
Thanks in Advance
