Section 80 gg

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 January 2014 Whether furniture contactor eligible for 80 GG..and can i put this flat rent paid to capital debit or p&L dr.????
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
11 January 2014 yes you are eligible...park it to capital debit...so effectively it reflects as a drawing from the business..

alternatively, if possible show the rent paid as office rent!!! and claim the whole of it in the p&L...the emphasis is on "of possible"
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 January 2014 thanks sir.in short he is considered as "Self Employed Person "
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
11 January 2014 yes very much so....
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
12 January 2014 yes he will be self employed person
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
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us
budget 26-27


Answer Query



Quick Links



Browse by Category