Interest pay claimed allowed
This query is : Resolved
11 May 2021
Sir,
It assess some cash amount from friend through bank mode.assess this amount used for share market trading purposes.
Question:
It assess interest pay to friend amount business expenses claim allowed in it act.
It assess some cash amount from friend through bank mode.assess this amount used for share market trading purposes.
Question:
It assess interest pay to friend amount business expenses claim allowed in it act.
11 May 2021
Yes, such payment of interest allowed as business expenses.
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