banner_ad

Allowable expenses

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 July 2011 what are the expenses that are allowed as a deduction for a professional singer?
Profile Image

Amol Gopal Kabra (CA,CS,DISA)

Profile Image

Amol Gopal Kabra (CA,CS,DISA) (Expert)
14 July 2011 All expenses that the singer incurs for his profession, like, if he has any communication office for the same, the expenses for such office, his travelling expenses, telephone and mobile expenses, salaries to his administrative staff, maintenance of car, chauffeur, etc.
Profile Image

ROSHNI

Profile Image

ROSHNI (Querist)
14 July 2011 thank u Amolji
whether the expenses incurred by him in purchase of books musical instruments are also deductible?
Profile Image

Amol Gopal Kabra (CA,CS,DISA)

Profile Image

Amol Gopal Kabra (CA,CS,DISA) (Expert)
16 July 2011 Musical instruments are his assets. So, he needs to capitalise it and claim depreciation on them. the expenditure on books is allowable as deduction.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details