Querry Regarding Tax p


This query is : Resolved 

08 July 2011 My proprietorship firm is registered at my home address. I want to show some expenses that's why i want to pay rent for last three years to my mom by cheque.

Any other special documents recceivable from my mom?

what other formalities i have to fulfill ? What is the maximum amount i can pay?

08 July 2011 no such restriction for rent payment for business, you can do it
rent should be fair as per market value in your area.


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