Toll tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 September 2015
Dear all
toll tax is paying for passing vehicle for business purpose. tell me it is allow as deduction or not...
please reply urgent
toll tax is paying for passing vehicle for business purpose. tell me it is allow as deduction or not...
please reply urgent
02 September 2015
it is a expenditure for the purpose of business so it is allowable. Only the fines and penalty nature are not allowed in income tax and it will be added back to income at the time of Computation of income.
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