EXPENSES
This query is : Resolved
13 September 2009
I WANT TO OPEN A PROPRIETORS SHIP FOR TRADING IN EQUITY SHARES. I WANT TO BOOK FOLLOWING EXPENSES:
1-BROKERAGE AND STT
2-TELEPHONE AND INTERNET EXPENSES
3.ELECTRICITY EXPENSES
4-COMPUTER REPAIR AND MAINTAINENANCE EXPENSES.
5-RENT
6-SALARY
ETC.
CAN I BOOK ABOVE EXPENSES AND WHAT KIND OF OTHER EXPENSES CAN I BOOK.
1-BROKERAGE AND STT
2-TELEPHONE AND INTERNET EXPENSES
3.ELECTRICITY EXPENSES
4-COMPUTER REPAIR AND MAINTAINENANCE EXPENSES.
5-RENT
6-SALARY
ETC.
CAN I BOOK ABOVE EXPENSES AND WHAT KIND OF OTHER EXPENSES CAN I BOOK.
13 September 2009
Nature of business broker / Sub broker
Or your business is having an trading account for first one you can book above exp not for own investment
Or your business is having an trading account for first one you can book above exp not for own investment
19 September 2009
if you are being a broker then all the mentioned expenses should be booked and adhoc of such expenses allowed.
other expenses : there is no exhaustive list of such expenses but all those expenses which are incurred wholly in connection with business shall be allowed and you can book the same
other expenses : there is no exhaustive list of such expenses but all those expenses which are incurred wholly in connection with business shall be allowed and you can book the same
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- ITR 2 Short Term gain & Long term gain
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
