Section 36: Other Deductions Under The Income Tax Act

Ritik Chopra , Last updated: 03 August 2021  
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While computing the income of a business or profession, other expenses in the nature of the following are admissible for deduction (i) Insurance Premium [Sec. 36(1)(i)] The amount of any insurance premium paid in respect of insurance against risk of damage or destruction of stocks or stores us

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Ritik Chopra
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Category Income Tax   Report

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