Can provision for specific purpose for eg renovation of building in comming 5-8 years (exact period and cost not know) is deductable as expense for tax purpose for a housing society which is registered as AOP ?????
Shyam C.Pujara (Student (C.A Final)) (177 Points)
28 April 2018Can provision for specific purpose for eg renovation of building in comming 5-8 years (exact period and cost not know) is deductable as expense for tax purpose for a housing society which is registered as AOP ?????
Kantu Sharma
(57 Points)
Replied 28 April 2018
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)