19 March 2016
An assessee charged a sum of rupees in to his P&L as Business promotion expense but the AR disallowed the said expense with the explanation that the assessee has not doing any business now, and the plant and machinery of the said business was sold out and shown as income, but a portion of those expense was actually paid to the sister of the assessee and the assessee's office is functioning from the sisters premises, how could i charge those expense in p&l? pls help its really urgent, IT hearing is tomorrow.. Thank you
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