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surendra prakash agrawal (advocate)     09 June 2017

Income tax permissible deduction for advocates in fy 2016-17

Sir,

Some of the advocates are retired from service and get pension besides earn professional fee.

Since now category has been changed to professional, so if we file return, what are the categories

to claim as permissible deductions in Income Tax for FY2016-17. 



Learning

 2 Replies

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     13 July 2017

You can go through elaborate information in  https://www.incometaxindia.gov.in/Charts%20%20Tables/Deductions.htm

VARUN MAHAJAN (Proprietor)     19 July 2017

FOR A PROFESSIONAL 

AS PER ACT, A PROFESSIONAL NEEDS T PREPARE BOOKS OF ACCOUNTS AND NEED TO GET HIS RETURN FILED UNDER THE HEAD BUSINESS & PROFESSION & AS FAR AS FOR AN ADVOCATE SIR YOU SHOULD FILE YOUR ITR 4ONLY 


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