Payment of income tax
This query is : Resolved
03 August 2015
WHETHER TREATED PAYMENT OF INCOME TAX IS REVENUE EXPENDITURE OR CAPITAL EXPENDITURE?
1. IF REVENUE EXPENDITURE, PLEASE EXPLAIN
2.IF CAPITAL EXPENDITURE, PLEASE EXPLAIN
WHETHER TREATED PAYMENT OF INCOME TAX IS REVENUE EXPENDITURE OR CAPITAL EXPENDITURE?
1. IF REVENUE EXPENDITURE, PLEASE EXPLAIN
2.IF CAPITAL EXPENDITURE, PLEASE EXPLAIN
03 August 2015
it is not an expenditure first of all as it is a charge on income earned during year and its personal charge not realted to only business
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