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Question ID : 2278

allowable expenses for lic agency commission

dear sir,
one of my client has lic commission to the the tune of 40cs.
what r the expenses allowable to him.
whether reference commission paid to third party is allowed(payment is made after deductg tds).
what other majour exp. can be conred.

regards,
jaideep '

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Posted by jaideep aggarwal on Apr 04, 2006
Filed Under DIRECT TAXES

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