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House rent

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(Querist)
27 November 2012 Can house rent which is not used for business purpose claimed as a business expense...???
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
27 November 2012 what purpose the house is used for???
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Hemant sharma

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Hemant sharma (Expert)
27 November 2012 No, Rent Paid should be only for business premises.
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Taslim

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Taslim (Querist)
27 November 2012 House is used for personal purpose.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
27 November 2012 It can not be claimed as deduction under section 37. It is personal in nature and not allowed.
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 November 2012 In that case, it is NOT a business expenditure.

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