EASYOFFICE
EASYOFFICE

Exp allowed

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 January 2016 discount allowed/received from customer is a deductible expenditure or not?
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
16 January 2016 YES DISCOUNT IS ALLOWABLE BUSINESS EXPENDITURE.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
16 January 2016 Discount allowed is allowable expenditure under Income Tax Act, so long as it it within the reasonable limits of TRADE.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links