LTA
This query is : Resolved
07 March 2009
Mr. A is a partner of a firm. He makes a holiday trip for Rs.24000/-. Can the expense be claimed as LTA in the books of the firm? How is the effect to be given?
What will be the case if he is a sole proprietor of a firm?
What will be the case if he is a sole proprietor of a firm?
K V Subba Rao
(Expert)
08 March 2009
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