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Payment of income tax

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(Querist)
03 August 2015

WHETHER TREATED PAYMENT OF INCOME TAX IS REVENUE EXPENDITURE OR CAPITAL EXPENDITURE?

1. IF REVENUE EXPENDITURE, PLEASE EXPLAIN

2.IF CAPITAL EXPENDITURE, PLEASE EXPLAIN
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
03 August 2015 it is not an expenditure first of all as it is a charge on income earned during year and its personal charge not realted to only business

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