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Deduction of personal expences

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 February 2015 Can personal expences which includes Electricty, maitainence, mobile, Telephone , Food bills (Lunch Dinner in Hotels Etc)bills can be deducted
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
18 February 2015 no in case of business income..........
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 February 2015 Yes i am having my own business
I want know more about indian tx system can u suggest me a books to read
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
19 February 2015 only business related exp shall be allowed to be deducted from gross profit of your business.
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