IF TAX PAID IS MORE THAN 10 LAKS, SHALL THE ASSESSEE CLAIM THE SELF ASSESSMENT TAX PAID IN EXCESS OF 10LAKS AS EXPENSES, WHO DECLARES BUSINESS INCOME.
IS IT TENABLE?
PLEASE CLARIFY
Bhagyalakshmi (Articleship) (40 Points)
15 July 2014IF TAX PAID IS MORE THAN 10 LAKS, SHALL THE ASSESSEE CLAIM THE SELF ASSESSMENT TAX PAID IN EXCESS OF 10LAKS AS EXPENSES, WHO DECLARES BUSINESS INCOME.
IS IT TENABLE?
PLEASE CLARIFY
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 16 July 2014
CAclubindia
