set off or carry forward
This query is : Resolved
15 September 2016
purchase of horse for betting on horse race lawfully or illegally is allowed as an expense
or not?
15 September 2016
it can be allowable expense for the owning and maintaining the race horse
15 September 2016
purchasing a horse is a capital expenditure. so how can it be an allowable expense?
16 September 2016
Car is a capital asset, may be for you and me but not for say Maruti Suzuki......
Can you think of horse on similar lines?
Can you think of horse on similar lines?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITR-3 - How to show loss in 65(i) - (iii) under under Part A - P & L section and sub section 65?
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Filling ITR for FY 2024-25
- Stop filling ITR
- REGARDING TURNOVER LIMIT
- FRESH FRUIT JUICE EXEMPTION UNDER GST
- FOB freight
- MISMATCH AMONG GROSS TURNOVER AIS. ACTUAL SHOWING GST PORTAL AND GENIUS FROM GST PORTAL
- Incidence of Tax - TDA
- Sale of old gold ornaments
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Medical facility
- TAX TREATMENT OF COMMODITY
- Issuance of authorised capital by pvt ltd co
- EPF RETURN FILLING
- Patient expenses
- Experienced CA recommendation from Kolkata for FNO return filing
- Sales of goods of amount Rs77 lakhs to a party
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
