Personal car expense
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 September 2013
Can an individual get deduction in his profit if he runs business in proprietorship?
CMA Ramesh Krishnan
(Expert)
01 September 2013
Only official expenses allowed under Income tax in the Business income, personal nature expenses will be disallowed
01 September 2013
No, it can't be charge
02 September 2013
Only business related exp are allowed.
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