I HAVE HIRED A TAXI FOR FOR GOING IN & OUTSIDE MY HOME TOWN WHAT HEAD SHOULD I CLAIM MY TAXI EXPENSES UNDER LOCAL CONVEYANCE OR UNDER TRAVELLING EXPENSES
WHAT HEAD TO SHOW CAR PETROL EXPENSES IN SCHEDULE OF P & l ACCOUNT
SINCE THERE IS NO HEAD OF PETROL EXPENSES FOR CAR IN P & L SCHEDULE CAN WE CLAIM UNDER POWER & FUEL
dear sir
my mother is about to acquire a property woth of 95lakh thru sucession which she intents to distribute as a gift to 9 members of the HUF this includes two House plus certain shares,ornaments,bank balances & utensils pl suggest an easy way leading to proper distribution with minimum liable tax .The relation between donor and donees who she want to donate as a gift are five own childrens & two daughter of her brother
regards
R_PVK
Regards
R_PVK
m lookiong 4 case law pls provide me link ............
1 C.R.Ashok Kumar V/s K,V,Salvi & other (2001 A/r (Bom) 404 ; 2001 (4) AII Mr 391 )
2 Wasudha Suresh Jirapure V/s Vijayanad Gruhta Nirman Sahakari SAnstha , Nagpur ,2003 (2) Mh IJ 715
UNDER WHAT HEAD SHOULD WE GIVE DETAILS OF DEPRECIATION ON CAR BECAUSE THERE IS ONLY ONE HEAD PLANT AND MACHINERY
WHICH HEAD TO CLAIM UNIFORM EXPENSES FOR DRIVER UNDER SALARY & WAGES OR UNDER OTHER EXPENSES BECAUSE THERE IS NO OTHER HEAD
I HAVE TO FILE ITR IV FOR PROFESSIONAL INCOME. i AM USING MY CAR FOR PROFESSIONAL PURPOSES. CAN I CLAIM PETROL EXPENSES IN P & L ACCOUNT. SECONDLY THERE IS NO COLUMN IN ITR IV FOR PETROL EXPENSES IN SCHEDULE OF P & L A/C PLEASE TELL WHICH HEAD TO PUT PETROL EXPENSES
From Which Year e-filing of return in the case of individual whose accounts are audited is compulsary ..
CONVEYANCE EXPENSES
I AM A PROFESSIONL (LEGAL) GETTING FIXED RETAINERSHIP. CAN I CLAIM CONVEYANCE EXPENSES IN P & L ACCOUNT FOR ATTENDING DUTY DAILY TO MY EMPLOYERS OFFICE