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Professional Tax

This query is : Resolved 

19 August 2009 Wheather Professional Tax paid was claimed as a business expenditure ?

19 August 2009 Yes, you can claim definately the amount paid towards professional as a business expenditure, if you have incurred and paid that amount for 'business'.
You may please note that even professional tax paid by an individual on his salary income is also allowed as a deduction u/s16.

20 August 2009




20 August 2009 Yes it can be claimed



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