It computation
This query is : Resolved
12 September 2012
Can i deduct Administartion expense while computing income from bussines for ITR.
12 September 2012
ALL expenses incurred to earn the business income are allowed as deduction.
Administration expenses will be allowed provided they have been incurred wholly and exclusively for the purpose of business.
Administration expenses will be allowed provided they have been incurred wholly and exclusively for the purpose of business.
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