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deduction under business & profession

Tax queries 1207 views 3 replies
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payment made to pandit for pujas aur havans on diwali aur dusseshra can be avail as a normal expenses and thereby avail general deduction u/s 37(1)
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On 08 February 2008 at 14:12 Report
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CA Final
814 Points Posted on 08 February 2008
These payments can be claimed u/s.37(1). On the other hand, these expenses are subject to Fringe Benefit Tax.
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On 08 February 2008 at 14:48
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education
138 Points Posted on 08 February 2008
This exp is covered under sec 37(1) because it fulfil all the five conditions of this act .
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On 08 February 2008 at 15:23
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student
229 Points Posted on 08 February 2008
s expenses can be claimed as a deduction under sec37 if conditions r satisfied
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On 08 February 2008 at 17:36


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