banner_ad

Brokerage & commission - ay : 17-18

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 April 2017 Ay 17-18 One of my clients has got sold a flat and on account of brokerage he has received a sum of Rs 7,50,000 from the builder. My client has turned 60 years on 31st March 2017. Now Rs 7,50,000 less Rs 3,00,000 = Rs. 4,50,000. Can I generate the Administrative Expenses of Rs 4,50,000 e.g. Employees salary of Rs 15000 per month x 2 employees = Rs 3,60,000 and out of Rs 90,000 conveyance, electricity charges, mobile phone charges, Refreshment Expenses, Hospitality, Customers Entertainment, Sundry Expenses, Printing & Stationery etc Please guide me and oblige.
Profile Image

CA Shubhanshu Jain

Profile Image

CA Shubhanshu Jain (Expert)
29 April 2017 Yes you can generate but how you are going to prove it that those expenses are really occoured and not fake in nature
Profile Image

TARIQUE RIZVI

Profile Image

TARIQUE RIZVI (Querist)
29 April 2017 tks sir for quick response. Generation of expenses might be a big problem. Is there any solution sir of this problem.
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
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

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

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

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
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details