Tax deductions for Hotels – Lodging, Motels, Resorts during ITR filing
Tax Deductions for Hotels Here are some key Tax deductions for Hotels explore: 1. Depreciation: As an establishment in the hospitality sector, you can claim depreciation on assets such as furniture, fixtures, and equipment used for lodging services. This deduction accounts for the wear and tear of these assets over time. 2. Employee Costs:… Read More »
