Dear experts, who spends in the transport business. please suggest me.
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Quick Summary
This discussion seeks advice on how to properly record various driver-related expenses in a transport business for income tax purposes. The user wants to ensure all driver costs, including informal payments like 'humali' and 'police wale' expenses, are reflected in the Profit & Loss statement and are tax-deductible.
Sir both inward and outward. sir acutally my query is some expenses of driver (just like " humali, police wale ko diye, other exps) whereas expenses not showing in p &l. but main driver k sabhi exps. dikhana chahta hu...so pls suggest me whichone expenses show this type expenses as per income tax.
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