Easy Office
LCI Learning

Deduction of rent under business income if paid in cash

This query is : Resolved 

18 December 2017 I have started a restaurant (proprietor) & paying rent in cash of Rs. 50000
pls advise if it is deductible n upto what extent?

Read more at: https://www.caclubindia.com/experts/ask_query.asp

18 December 2017 Do not transact in cash.
Your expenses would be disallowed u/s 40A.



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




Answer Query