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Regarding use of personal ac
DEAR RESPECTED MEMBERS
CAN A PROPRIETOR OF BUSINESS PAID ELECTRICITY BILL OF HIS MANUFACTURING FACTORY THROUGH HIS PERSONAL SAVINGS A/C. IF HE DID SO CAN HE CLAIM THAT AS AN EXPENSE IN BUSINESS OR THIS WILL BE DISALLOWED??
Replies (1)
Yes, deduction can be availed, if its casual.
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