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Deduction

This query is : Resolved 
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Querist : Anonymous

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Querist : Anonymous (Querist)
31 May 2014 CAN I ELIGIBLE FOR DEDUCTION AS AN EXPENDITURE IF PAID AS AN ADVANCE TO ANYONE
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31 May 2014 no you are not ..

because u had paid advance

and advance is not an expense it is part of current assets.......

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