Economy, asked by pankajbagga8043, 10 months ago

Allowed and disallowed expenses in income tax india

Answers

Answered by dhaswinkavingmailcom

Answer:

An expense could be disallowed for the following reasons: Any tax amount deductible on certain expenses like TDS wasn't deducted while making the payment. The expenditure is not associated with the conduct of such business or profession.

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