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Expenditute

ITR 121 views 3 replies
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22 Points Posted on 09 January 2018

which expenditures are allowed in properiter concern in income tax

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On 09 January 2018 at 12:11 Report
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Bara bazar
262 Points Posted on 09 January 2018
Yes, business expenditure is always allowed See Sectiin 30 to 37 of income tax act, 1961.

Regard.
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On 09 January 2018 at 13:26
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Bara bazar
262 Points Posted on 09 January 2018
Yes, Business expenses are always allowed. ( Section 30 to Section 37 of Income tax act, 1961).

Regards.
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On 09 January 2018 at 13:28
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CA Final Student
418 Points Posted on 09 January 2018

I second to above reply, provided the expenditure would not be in the nature of personal.

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On 09 January 2018 at 13:36


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