Rent

Others 630 views 1 replies

 

Whether office rent can be paid to a director's HUF in a  pvt ltd. company by passing a Board Resolution and Agreement between Company and Director's HUF. if yes then what other sections to kept in mind

and how Income Tax attracts its.

 

 

Plz guide

Replies (1)

yes,

and AS 18 will be applicable.

you have to disclose the same in the TAX Audit Report


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