Can a small business owner deduct marketing expenses on their taxes?
Curious about Small-Business Taxes
Yes, small business owners can deduct marketing expenses on their taxes in India. Marketing expenses such as advertising costs, website development expenses, and public relations expenses can be claimed as deductions. These expenses are generally considered as business expenses and are deductible in the year they are incurred. However, it is important to maintain proper documentation and receipts for these expenses in case of an audit.