what will be the treatment of
1. audit fees including fees regarding income tax appeal
2. legal charges including fees for income tax appeal
under the category "profit n gain from business n profession"???
what will be the treatment of
1. audit fees including fees regarding income tax appeal
2. legal charges including fees for income tax appeal
under the category "profit n gain from business n profession"???
both will be deductible. but its better to show audit fees and fees regarding income tax appeal seperately as both are rendered in different capacity.
both will be deductible...
deductible....
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