why we not claim vat amount paid on restaurant bill
This query is : Resolved
08 July 2016
why we not claim VAT amount paid on restaurant bill, when we filling ITR.
Amol S Joglekar
(Expert)
08 July 2016
under which section you want to do that? (I presume this query is of Income Tax)
ASHWANI DHANUKA
(Expert)
08 July 2016
If it is paid in relation to business (Sales promotional expenses etc), then you must have shown the gross amount of bill as an expense in your PL and the same is fully allowable for IT purpose.
Why you are separately asking for VAT. ??
Why you are separately asking for VAT. ??
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