Pre year expences


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 November 2011 dear experts

we have booked some previous year(2007-2008) brokerage expences in FY 2008-2009. the expences were not booked in 2007-2008.

will IT department disallow the expences.
pls mention the under section of income tax.

PLEASE REPLY
thanking you

30 November 2011 It depends on the reasons to not booked in the year 2007-08 and the satisfied by the AO.
OM SAI SRI SAI JAI JAI SAI


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