Professional Income

This query is : Resolved 

14 August 2008 Pls clarify that whether a person in any profession claim expenses purely related to his professional income U/S 37 in his return of income even if he maintains no books of accounts.

14 August 2008 yes he can as long as he can substantiate the expenditure as having been incurred.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Follow us


Answer Query