Do we get deduction for payment of hire charges of plant and machinery and furniture and fixture while computing income from business . Section 31 allows for deduction for current repairs and insurance
Menu
Payment of Hire Charges on Plant and Machinery, Furniture
Replies (1)
claim under 37(1) if sec 31 is giving a prob , expenses incurred wholly for business
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
