which expenditures are allowed in properiter concern in income tax
3 Replies
Anurag lohiya
(Bara bazar)
(262 Points)
Replied 09 January 2018
Yes, business expenditure is always allowed See Sectiin 30 to 37 of income tax act, 1961.
Regard.
Regard.
Anurag lohiya
(Bara bazar)
(262 Points)
Replied 09 January 2018
Yes, Business expenses are always allowed. ( Section 30 to Section 37 of Income tax act, 1961).
Regards.
Regards.
Dipanshu arora
(CA Final Student)
(418 Points)
Replied 09 January 2018
I second to above reply, provided the expenditure would not be in the nature of personal.
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