electricity bill deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 September 2013 Sir
I am a legal professional. I paid Rs 40,601/ as electricity bill during FY 2012-13 out of which Rs 15770/- was electricity bill dues of FY2011-12.Should I claim 40,601/ as business expenses or should claim 24,831(40601-15770).
Thanks

02 September 2013 since ur professional you must be maintaining books on cash basis so if in prev years if u have not taken any deduction then on payment basis this time u will be allowed.


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