Accounting of factory rent,partner's salary/interest

Hi

Factory rent has to be shown in the books as it is an operating expenditure.

In case of loss, remuneration ot partners, as per income tax, is restricted as per sec 40(b)(v).

Regards

Prateek

Few landlords accept hairy pets these days, however some landlords may accept dogs by negotiation especially long haired varieties. They will want to know about your dog or want to meet your dog before signing the tenancy agreement. Getting a new pet does not have to be a big deal, unless you are leasing. Normally, you would just select out the pet and all the new stuff, but a lot of apartments really require a monthly pet rent and a deposit. You might also just pay up instead of trying to hide the pet; you will get caught.