Whether commission paid on shares borrowed for pledging them as security against income tax demands is allowable?
Menu
Allowability of expense
Replies (1)
No. It’s a nondeductible expense.
Kindly refer below mentioned link for more relevant case laws...
https://imazzea.biz/forums/thread/9/
(Login to Imazzea.biz and in the left hand side you will find Forum option under Tax Topic)
Regards.
Recent Topics :
- Tempsens Instruments IPO GMP Allotment Listing dat
- Upload Type - Correction. Not showing in TDS filli
- Partnership tax audit query
- ERROR SHOWING PARTNER REMUNERATION ITR 3 TIME OF V
- Form 146 foreign remittance us citizen
- GST 16(2) notice
- Which GSTR-1 upload error do you hit most often?
- Need advice regarding accounting fees
- Is it possible to get a refund for an accidental o
- ITR-3 Section P&L - speculative income - no bo
Related Topics :
CAclubindia
