Salary
This query is : Resolved
26 August 2011
WHEN BUSINESS MAN is paying rent for staying for employee,
can businessman claim expediture of rent in p & L a/c ?
under which section of PGBP?
How can employee represent his income in his computation of taxable income?
can businessman claim expediture of rent in p & L a/c ?
under which section of PGBP?
How can employee represent his income in his computation of taxable income?
27 August 2011
Business man cannot claim the house rent in his business income and cannot debit in p&l also, But in income tax he can claim section 80GG for house rent paid
Incase business place and home same place and paying rent. then proportionate amount can be claim in business
Incase business place and home same place and paying rent. then proportionate amount can be claim in business
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