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Accounting of wealth tax paid

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(Querist)
01 October 2008 Wealth tax paid for the year, In which group it should be catageraise? in expenses or taxation ?
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Ravikumar.G

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Ravikumar.G (Expert)
01 October 2008 Wealth Tax paid is not an allowable expenditure. WT can be group under Rates & Taxes.

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