Rent expense

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Sir, My client has shifted its premises which is registered under vat... The intimation of change is address is to be given to vat department in the prescribed form ??? Right??? Further, for the new premises no rent agreement is made nor the rent receipt is issued... But the rent of 20,000 is paid in cash every month.... So can I claim this expenditure as far as income tax is concerned???
Replies (3)
For the Income tax purpose, Rent paid in cash of Rs.20000 is allow
As per section 40A(3) but as TDS section 30% is disallow because 240000 is in excess of 180000 up to which no TDS is require to be deducted.However if there is no Rent agreement u can not claim Rent expense in accounting Profit
And when any expense is not claim in books no deduction in Income Tax


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