Deduction in income tax fortax audit
This query is : Resolved
09 May 2013
one of our client is doctor and coming under tax audit, he was paid the election fees for the post of E C Member in the f y 12-13, is this charge against revenue or personal expenses
09 May 2013
It is in the nature of Personal Expenses and has nothing to do with his profession
09 May 2013
It will not use full for his profession or not increases his professional knowledge or capacity as well as not mandatory to continue his profession.
So such expenses is the personal nature.
OM SAI SRI SAI JAI JAI SAI
So such expenses is the personal nature.
OM SAI SRI SAI JAI JAI SAI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- My Last working day in current org is in novemebr 2024 but they are asking me to submit IT proof
- Indexation benefit applicability
- SEC 54 OF IT ACT
- Passed group 2 exams under wrong gender
- REQUIREMENT OF 15CB
- QUERY FOR RCM ON RENT
- APPEAL-CIT
- Payable outstanding for years disallowance
- Whether still royalty
- Issue of gst e invoice
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
