Intesrest paid to the bank on personal loan obtained for start of business/ profession should be allowed as business expenditure under the head financial cost.
prafulla kumar senapati (manager) (29 Points)
10 March 2014Intesrest paid to the bank on personal loan obtained for start of business/ profession should be allowed as business expenditure under the head financial cost.
Manoj Mehta
(Head Of Department (Accounts & Finance))
(1479 Points)
Replied 10 March 2014
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"