Can any one tell me how to claim ded.Under Section 41(2) for a co.claiming dep.Under Sec.32(1)(III)
C.A Tarun Shah (practice) (271 Points)
08 September 2008Can any one tell me how to claim ded.Under Section 41(2) for a co.claiming dep.Under Sec.32(1)(III)
CA Nitin Wadhwani
(Chartered Accountant)
(4469 Points)
Replied 08 September 2008
Balancing Charge Is Not Deductible But Taxable U/s Sec.41(2).
CAclubindia
