Deferred rent disallowance

This query is : Resolved 

29 July 2011 DEFERRED RENT FOR A COMPANY IS DISALLOWED AS EXPENSE UNDER INCOME TAX ACT.
UNDER WHICH SECTION OF INCOME TAX ACT IT IS DISALLOWED?

07 August 2011 Allowance & expenses which related to particular financial year only can be allowed, there is no concept of deferred expenses in Income tax



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