Service tax /sales tax panel intt

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Querist : Anonymous (Querist)
22 November 2012 Service Tax /Sales Tax Panel Intt. or Panelty paid during the year is allowable or not under income tax laws for computing income under head business or profession


22 November 2012 Any type of penal penalty or interest paid is not allowed as deduction under income tax act.

Regds

CA JAYANT BOTHRA



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