Firm income tax


This query is : Resolved 

27 December 2013 whether Income tax expense allowable to partnership firm?
can it be shown in the p & L A/c?
PLz rpl fast

27 December 2013 Not allowable as business expenditure.
Can be shown in P & L for accounting purposes.

@VaibhavJ (Expert)
27 December 2013 Agree with expert.


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