assessement of firm
This query is : Resolved
29 August 2009
so my question is that how to treat with profssional tax paid..whether its a qualified exp while computing the book profit or else should be treated as disqualified exp??
29 August 2009
It is an Qualified Expense as per S 36 of the ITA. Under Rent, Rates & Taxes.
For CLarification you can refer toa theINCOME TAX ACT, 1961
For CLarification you can refer toa theINCOME TAX ACT, 1961
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