Expenditute

ITR 104 views 3 replies

which expenditures are allowed in properiter concern in income tax

Replies (3)
Yes, business expenditure is always allowed See Sectiin 30 to 37 of income tax act, 1961.

Regard.
Yes, Business expenses are always allowed. ( Section 30 to Section 37 of Income tax act, 1961).

Regards.

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


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