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Whether Late filing fees of GST Returns allowed as an expenses in Income Tax, Income Tax |
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Whether Late filing fees of GST Returns allowed as an expenses in Income Tax |
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Whether Late filing fees of GST Returns allowed as an expenses in Income Tax? Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
In my view, 'NO'.
Dear Sh.Kalayani Ji,. Here expense means the Querist wants deduction on account of the amount paid as penalty or late fee. You have replied, 'NO'. Your reply appears to be right. This expense is on account of default do not to be treated as expense for the assessment of Income Tax. Am I right ? Pl. Reply for my enrichment of knowledge. Thanks.
I agree with the view of sethy ji Page: 1 Old Query - New Comments are closed. |
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