computing income
Siddarth Kare (1 Points)
18 December 2018
what are the expenses and payments disallowed whilecomputing income from business and profession
Siddarth Kare (1 Points)
18 December 2018
Shubham Gupta
(Business Consultants)
(2077 Points)
Replied 18 December 2018
An expense could be disallowed for the following reasons:
Taxpayers making cash payments for their goods or services are allowed as expenditures under this provision if the sum of such payment is less than Rs. 10,000.
https://www.indiafilings.com/learn/expenses-disallowed-under-income-tax/
MOHAMMED IMRAN
(1020 Points)
Replied 18 December 2018
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