14 July 2011
All expenses that the singer incurs for his profession, like, if he has any communication office for the same, the expenses for such office, his travelling expenses, telephone and mobile expenses, salaries to his administrative staff, maintenance of car, chauffeur, etc.
16 July 2011
Musical instruments are his assets. So, he needs to capitalise it and claim depreciation on them. the expenditure on books is allowable as deduction.
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