Auditors Remunaration
This query is : Resolved
15 April 2009
Dear All,
Please let me know that auditors remunaration paid to auditors by a company is allowable expencess for the company
Thanking you
Please let me know that auditors remunaration paid to auditors by a company is allowable expencess for the company
Thanking you
15 April 2009
YES, IT IS ALLOWABLE EXPENSES.
15 April 2009
Allowable expenses
15 April 2009
Under income tax act,1961, if it is to be allowed as a business expenditure provisions of sections 194J and 40 (a)(ia) are also to be looked into for determining in which year deduction is to be allowed.
17 April 2009
Correct
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