Travelling Conveyance Exemption....
This query is : Resolved
04 March 2010
I used to go business trips to Mumbai, Delhi & Bangloure. Can i use that bills for income tax exemption? If what is the procedure to get exemption?
04 March 2010
It appears that your income is assessable under the head "Income from Business or Profession".
You can claim the expenditure against your income to arrive at the net profit and file your return of income accordingly.
You can claim the expenditure against your income to arrive at the net profit and file your return of income accordingly.
04 March 2010
In your query not mentioned whether you are employee or business person
If the employee -Offical travel allowance exempted
If a business person- allowed as business expenses
If the employee -Offical travel allowance exempted
If a business person- allowed as business expenses
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
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Inventory of finished goods
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Confusion around Form 26QB fields
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Filing of Form 10BB instead of Filing Form 10B
- Sale of property furniture sale
- Refund of AY 22-23
- Last year input claim shown in gstr9
- GST Registration Cancellation books of accounts asked by officer
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- HSN Details in IFF/GSTR-1 & in GSTR 9
- 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 ?
Trending Online Classes
CAclubindia
