CA Fees deduction for non audit case allowed?

• Professional Charges Allowability: Yes, professional fees paid for accounting and tax filing related to FnO business income are fully allowed under PGBP as business expenses.

• Documentation: Ensure you have a proper tax invoice and payment trail from the CA to substantiate the expense, regardless of whether the utility metadata shows "self".

• Timing: Expenses are claimed against the profits of the year they pertain to/are incurred, rather than arbitrarily shifting them to adjust a previous year's finalized profits.

CA fees paid to prepare financial statements and file ITR for FnO business are allowable as a business expense under Profits and Gains from Business or Profession.

Key points:
- Deduction allowed under Section 131 of the Income Tax Act, 2025 as a legitimate business expense
- Does not matter whether the CA signed the PREPARED BY section. Invoice and payment trail counts
- Claim the expense in the year it pertains to, not when paid. FY 2025-26 CA fees in AY 2026-27 ITR
- Allowed even in non-audit cases. Section 44AB audit threshold is about turnover, not deductibility

For FnO returns, ITR-3 requires a detailed P&L schedule so documenting expenses correctly avoids scrutiny. This [FnO and intraday trading tax guide](https://taxgarden.in/blog/fno-intraday-trading-tax-itr-audit-india) has the full list of deductible trading expenses.