23 November 2009
A Proprietorship Org. using a Building for Bussiness purpose (building is on the name of Proprietor),during the F/Y, it has incurred some exp for repairing that building,but bills are not avail. for all type of Exp.like wages , whitewash CHG etc
Can we claim all these exp. as building repair CHG ,while preparing the P/L of proprietorship U/s 37 of I.T. Act ?
CAclubindia
