Easy Office
LCI Learning

Corporation tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
28 November 2009 Hello

Is the Corporation Tax paid on the registered premises of the company allowable as business expenditure?

REGARDS
Profile Image

CA. Rishabh Mittal

Profile Image

CA. Rishabh Mittal (Expert)
29 November 2009 Yes allowable. However, if such premises is let out, then such corporation taxes are allowable from gross annual value of property while calculation of Income from house property.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
09 August 2023 Agreed with expert..
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links