Hi, I live in the same house as my parents. The electric bill and telephone bill comes in the name of my parents jointly. However since I have a registed sole proprietorship business(without any separate meter) how can I show these expenses? Should the total bill amounts be divided equally?
Why do all these jargon when section 44AD/44ADA is ready to help out.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
