kritika poddar (CA- FINAL student) (277 Points)
11 April 2011what will be the treatment of
1. audit fees including fees regarding income tax appeal
2. legal charges including fees for income tax appeal
under the category "profit n gain from business n profession"???
Atul Sharma
(CA Job)
(14 Points)
Replied 11 April 2011
both will be deductible. but its better to show audit fees and fees regarding income tax appeal seperately as both are rendered in different capacity.
CA. Abhishek K. Pandey
(Manager (Advance))
(901 Points)
Replied 11 April 2011
CAclubindia
