Check sibling questions

EARLIER

Deduction Available as follows

Expenditure on

Approved Company

Normal Business

Land

(No Deduction)

(No Deduction)

Building

100%

100%

Other Expenses (Revenue Expenditure

or Capital Expenditure)

200%

100%


Now

Expenditure

Approved Company

Normal Business

Land

(No Deduction)

(No Deduction)

Building

100%

100%

Other Expenses (Revenue Expenditure

or Capital Expenditure)

150%

(FY 2017-18 to FY 2019-20)

100%

(FY 2020-21 to FY 2021-22)

100%

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.