We can show the maximum exp on Model Exp as per Income tax And as per Gst Thanks advance
Replies (4)
Quick Summary
This discussion clarifies the deductibility of model expenses, specifically for an e-commerce business owner who pays models similarly to actresses. The core question revolves around the maximum allowable limit for these expenses under both Income Tax and GST regulations. The client has incurred significant model expenses and seeks guidance on compliance and tax implications.
My client has started selling online by creating her own site She has paid Rs 14 lakh (model likes actress) from April 1, 2021 till now . I would like to ask what is the maximum limit of this expenditure according to Income tax law or Gst. my client sale Apr to June 2021 - 4 lakh (business registration as on 3 mar 2021