Payment of income tax
This query is : Resolved
03 August 2015
WHETHER TREATED PAYMENT OF INCOME TAX IS REVENUE EXPENDITURE OR CAPITAL EXPENDITURE?
1. IF REVENUE EXPENDITURE, PLEASE EXPLAIN
2.IF CAPITAL EXPENDITURE, PLEASE EXPLAIN
WHETHER TREATED PAYMENT OF INCOME TAX IS REVENUE EXPENDITURE OR CAPITAL EXPENDITURE?
1. IF REVENUE EXPENDITURE, PLEASE EXPLAIN
2.IF CAPITAL EXPENDITURE, PLEASE EXPLAIN
03 August 2015
it is not an expenditure first of all as it is a charge on income earned during year and its personal charge not realted to only business
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Filing of Form 10BB instead of Filing Form 10B
- Applicability of Ind As to associate of associate
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Confusion around Form 26QB fields
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
- GSTR3B IMS Deshboard ( Rec. Solution )
Trending Online Classes
CAclubindia
