Every i am submitting income tax returns through my Auditor . for this i am paying Rs4000/- per year . can i exempt this fees in my income tax returns . kindly answer .
RAJA P M ("Do the Right Thing...!!!") 08 April 2020
suraj (Student CA Final ) 08 April 2020
Akshay Poriya ((artical assistant)) 10 April 2020
as you say, submmiting 4000 rupees to auditor for filling income tax return per year. so, specify that wheather the whole amount of 4000 is itr filling fees, or it inclusive income tax . if it is itr fees and your taxable income is under head pgbp then it is showing as a professinal charges in profit & loss account , otherwise upto the extent of professional fees it is allowed to show as a indirect expence .
MAHARAJA SELVA ESWAR 12 April 2020
RAJA P M ("Do the Right Thing...!!!") 12 April 2020