Sir,
What is Section 36, of Income tax act 1961?
SIVASIVA
(FCA, Future CA)
(4935 Points)
Replied 13 June 2010
Deductions for Business/profession for expenses which are not covered under sec30 to sec35E
of the income tax act,61. Example, bonus or commision, etc.
kumarsatish022
(Professional)
(165 Points)
Replied 13 June 2010
sec.36 is a specific section for certian item and sec37 is general section
CAclubindia
