Salary inc query
Rupesh Soni (Taxation Consultant & CA final student) (493 Points)
08 April 2015Rupesh Soni (Taxation Consultant & CA final student) (493 Points)
08 April 2015
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 08 April 2015
From what I understood from your question, I think u cannot claim double deduction for the same expenditure. When you get reimbursement from insurance company u dont show that as income right? If so, the same expense cannot be deducted again. Hope I have answered to the point.
Rupesh Soni
(Taxation Consultant & CA final student)
(493 Points)
Replied 09 April 2015
CMA Poornima Madhava
(CMA)
(13112 Points)
Replied 09 April 2015
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)