CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14607 Points)
01 September 2011
Is there any chance to claim deductions on expenses such as internet charges, mobile charges, books, software etc...
Savvy
(Student)
(87 Points)
Replied 01 September 2011
CA NISHANT SAURABH
(cs)
(457 Points)
Replied 01 September 2011
No deduction is available for internet charges, mobile charges, etc. ... In fact Gross Total Income is computed after charging for such expenses in Profit & Loss account...
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 01 September 2011
| Originally posted by : RAJESH CHOUDHARY | ||
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Is there any chance to claim deductions on expenses such as internet charges, mobile charges, books, software etc... |
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claim dedcution from what?
if the above are used for business purpose, then surely these expenses are allowed,
if personal purpose, then its not allowed.
Amit Gupta
(Loosening Myself)
(1508 Points)
Replied 01 September 2011
Yes..in case the assessee is using these services in connection with business or profession u cn claim as expense u/s37 of Income tax act 1961
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 01 September 2011
thanks friend's for the reply.....
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