25 January 2021
1 Guest house expenditure ₹30000 2 Patents acquired on15-7-2018 for 8 years ₹112000 3 loss suffered Before commencement of the business ₹21000 4 entertainment expenses incurred ₹56000 5 advance salary paid to an employee ₹20000 Whether it's allowed or disallowed, explain the reasons
CAclubindia
