14 February 2013
yes If paid by tenant if owner is claiming deduction then it should be actully paid by him
Querist :
Anonymous
Querist :
Anonymous
(Querist)
14 February 2013
if a manufacturing company/firm pay property tax in respect of business property owned by one of the director/partner, what should be accounting procedure? whether it can be consider as business expenditure & allowed for income tax purpose?