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Toll tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 September 2015 Dear all
toll tax is paying for passing vehicle for business purpose. tell me it is allow as deduction or not...


please reply urgent
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S. Harsha

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S. Harsha (Expert)
02 September 2015 it is a expenditure for the purpose of business so it is allowable. Only the fines and penalty nature are not allowed in income tax and it will be added back to income at the time of Computation of income.

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