10 October 2019
I am a Professional having a Proprietorship firm. I have taken office space on Rent and incurred expenditure for constructing office ( Painting, electrical fittings Sanitary work etc), are these expenditures allowed. Please Guide me Thanks
10 October 2019
As the expenses are relating to maintenance of office building taken on rent for official purposes , the expenses will be allowed as per Income tax act and also companies act