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....
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
