IF TAX PAID IS MORE THAN 10 LAKS, SHALL THE ASSESSEE CLAIM THE SELF ASSESSMENT TAX PAID IN EXCESS OF 10LAKS AS EXPENSES, WHO DECLARES BUSINESS INCOME.
IS IT TENABLE?
PLEASE CLARIFY
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Admisibility of amt
Replies (1)
any amt. paid as tax is not allowed as expense under i.t.act.
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