Excise expenses
This query is : Resolved
Guest
Guest
(Querist)
09 May 2012
Dear All,
During 2011-12, We have excise audit in our premises. & We paid around Rs. 35000 as Excise.
My question is whether this Excise exp. would be allowable under Income Tax Act.
During 2011-12, We have excise audit in our premises. & We paid around Rs. 35000 as Excise.
My question is whether this Excise exp. would be allowable under Income Tax Act.
09 May 2012
Excise duty is not an expenses and not allowed as exp in IT Act.
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Guest
Guest
(Querist)
22 June 2012
Thanks a Lot Mr. CKP
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