Tax dduction

This query is : Resolved 

20 November 2012 If assessee has incurred an education expenditure , for upgrading the knowledge which will help him in his new project ...what will be nature of that expenditure? capital or revenue? y? can it be allowed as an expenditure u/s 37?


27 November 2012 You should show it as training expenses.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query