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Can deduction be claimed on penalty on statutory dues

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(Querist)
29 September 2017 Dear Sir,
Please guide on the matter regarding the Claiming of Deduction on Penalty on Statutory Dues (Being Shown under Other Expenses)

Please confirm whether its right if yes how..?

Thanks & Regards

Deepak
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 September 2017 No it is not right Claiming of Deduction on Penalty on Statutory Dues.
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Gokul Sharma

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Gokul Sharma (Expert)
29 September 2017 The above penalty exp is disallowed under income tax act .
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RAJA P M

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RAJA P M (Expert)
29 September 2017 Yes... The Penalty is disallowed under Income Tax act...

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