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Overstate Expenses

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(Querist)
11 July 2021 I read that people overstate expenses .how people do that .if they overstate expense expenses to save only 30 percent tax but from his pocket 100% outflow is happening .pls help m for Information purpose in detail.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
11 July 2021 You misunderstood it. There will not be 100% outflow only book entries made and owner take away the money.

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