Rent paid

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Ankita (Querist)
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25 June 2013 I have a Proprietorship business which is registered in U.P. in sale tax & Income Tax doucments.

But now I want to take an office on rent in delhi for the purpose of other business, Can I paid such rent from my above proprietor business?

Is that possible from Income tax Point of View?

CA Kapil Verma

CA Kapil Verma (Expert)
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25 June 2013 yes for sure, if you show your delhi office as a branch of your proprietor business.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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25 June 2013 Though the business in different, they will continue to be assessed under the PAN of Proprietor. So yes you can pay such rent and claim the same as expenses against income from that business.