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professional receipts

This query is : Resolved 
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(Querist)
04 March 2017 One of my client is a professional ....his income is thru professional receipts...he has purchased a new house...now the expenses which he is incurring towards painting , furnishing and other related expenses ....can he claim those as expenses in his PL account .
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CA Suresh Jain

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CA Suresh Jain (Expert)
04 March 2017 No, he can not claim deduction for his personal expenses
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 March 2017 Cannot claim in professional income, it is separate head of Income so its need to be considered in repairs & maintenance u/s.24. but furnishing is capex so it is addition of asset not an expenses
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
05 March 2017 It's not businesses expenses, so above expenses not eligible to claim income from profession.
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