Answer / muruasm

Hi, Recently i have started a company. My father in law
(NRI) is willing to provide some financial assistance for
the company, which one is the best way to receive the money,
in my name, wife's name or company name. it's like a gift
amount, what will be the tax treatment in this reg.. (he is
not willing to become a shareholder of the company)

how to reconccile account payable & account receivable.please provide best solution with example

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