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Rent allowed as expense

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 October 2013 I AM A PROPRIETIR OF MY FIRM. I HAVE TAKEN GODOWN FROM MY WIFE ON RENT @ 2000/ PER MONTH. WILL THIS RENT BE ALLOWED AS EXPENSE FROM INCOME TAX AUTHORITIES.please explain in details
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@VaibhavJ

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@VaibhavJ (Expert)
04 October 2013 Hi,

Yes.

Thanks

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