A CHARTERED ACCOUNTANT CAN PRACTICE AND OPEN OFFICE AT HIS RESIDENCE..DO CA REQUIRE TO TAKE COMMERCIAL ELECTRICITY CONNECTION AND PAY COMMERCIAL HOUSE TAX ON HIS RESIDENCE CUM OFFICE AREA IF HE PRACTICES AT OFFICE PART OF HIS RESIDENCE??????????/
Kindly guide whether we need to take separate commercial electricity connection or is it fine with existing residential connection, Further do we need to pay commercial house tax on part of home used as office,
16 June 2013
If you want to claim electricit as your expenses from business profession then u mite have to keep a track of electricity charges and so a new meter advisable
17 June 2013
YES THE EXPERT IS RIGHT. YOU NEED TO HAVE AN ELECTRICITY CONNECTION IN YOUR NAME AND THAT TOO COMMERCIAL IF YOU DESIRE TO CLAIM EXPENSES IN YOUR RETURNS..