Shop rent


This query is : Resolved 

13 May 2013 WHETHER SHOP RENT IS DEDUCTIBLE FOR A BUSINESSMEN WHO IS RUNNING IS BUSINESS IN A SHOP?

13 May 2013 yes, every expenditure related to business shall be allowed as deduction

13 May 2013 under which section

13 May 2013 Section 30 of the Income tax Act,1961.


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