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agricultre expenses
if expenses relating to agriculture income is not in forms of bills then how to deducted such expenses from agriculture income.
Replies (1)
Sir,
In the above case there are 2 sinarious
1 If the client Gross total income exceeds basic exemption limit -
Even though bills doesn't find we can claim as an expense. But in case if the client gets notice then they have to show an evidence for that expense.
2 If the client Gross total income doesn'texceeds basic exemption limit -
No need to file Income tax return
In the above case there are 2 sinarious
1 If the client Gross total income exceeds basic exemption limit -
Even though bills doesn't find we can claim as an expense. But in case if the client gets notice then they have to show an evidence for that expense.
2 If the client Gross total income doesn'texceeds basic exemption limit -
No need to file Income tax return
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