Cash withdrawal form bank
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 March 2016
IF I WITHDRAW 50,000/- FROM BANK IN SINGLE DAY AND I USED THIS AMOUNT FOR MY BUSINESS EXPENSE AS FIVE CONSECUTIVE DAY AS 10,000/- EACH DAY..
SO CAN I TAKE DEDUCTION OF THIS EXPENSE IN INCOME TAX..???
SO CAN I TAKE DEDUCTION OF THIS EXPENSE IN INCOME TAX..???
CA MANISH SAXENA
(Expert)
23 March 2016
yes of course!
There is no relation between both fact you mention!
Thanks!!
There is no relation between both fact you mention!
Thanks!!
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