An Individual assessee has Income from “Fees for professional or technical services” from a Company. What types of Expenses he can claim to minimise his tax liability ?
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What types of expenses allowed against fees for professional
Replies (2)
invest in shares ,debentures, mutual funds or any other investments or purchasing of fixed assets or transfering the amount to reserve funds etc
If u r resident assessee claim all regular business expenses.
If u r non-resident then follow section 115A(1)(b ) / 44DA.
Thanks
Kaushal
https://taxbykk.blogspot.com/
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