Expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 May 2012
My client is woman above 70 years.She has got interest income from loan given to others for the year 2011-12.I want to know whether any exp.like salary to staff,conveyance exp,or staff welfare exp could be deducted from her total income.
Please reply back immediately.
Please reply back immediately.
30 May 2012
Please clarify if she is having an establishment and is in the business of providing loans on interest.
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