Hi frends,
(Taxation-SL)
Question;
when we required to compute the income tax liability of a person called "A";
if he has paid sme amount of money as interest on credit card delayed payments;
how do we treat on this????
can we deduct that amount as interest paid under the sec:32??
can smebody plz tell me what is the correct way to treat on this??
and also plz tell me if u kno sme gud websites for blogs,forums of accounting & auditing.
help me plz.
thanx.................
(Taxation-SL)
Question;
when we required to compute the income tax liability of a person called "A";
if he has paid sme amount of money as interest on credit card delayed payments;
how do we treat on this????
can we deduct that amount as interest paid under the sec:32??
can smebody plz tell me what is the correct way to treat on this??
and also plz tell me if u kno sme gud websites for blogs,forums of accounting & auditing.
help me plz.
thanx.................
