Deduction u/s 37(1)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 June 2011
One of our client filed its return showing income from HP and Interest income arond Rs. 11,00,000/-. Assessee is a Private Company. ITO disallowed Expenses of the compny like audit Fees, legal Expenses like Filing Fees of ROC, Accounting charges, Bank Charges, Office Maintenance Expenses, Ect.
We want to filed an Appeal with Commissioner of Income tax for this purpose I requied Case law Ref.Can Someone Help Me in that?
We want to filed an Appeal with Commissioner of Income tax for this purpose I requied Case law Ref.Can Someone Help Me in that?
06 June 2011
House Property
Deduction specified u/s 24 are exhaustive, therefore, deduction that are not specified in this section will not be allowed.
However you can claim the same from Interest Income
Deduction specified u/s 24 are exhaustive, therefore, deduction that are not specified in this section will not be allowed.
However you can claim the same from Interest Income
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