Compensation paid under consumer act
This query is : Resolved
18 March 2014
Whether compensation paid under consumer act awarded by consumer court is allowable expenditure under section 37 of ITA ?
Whether penalty paid under consumer act awarded by consumer court is allowable expenditure under section 37 of ITA ?
Whether penalty paid under consumer act awarded by consumer court is allowable expenditure under section 37 of ITA ?
18 March 2014
compensation isallowed expenditure,
but penalty paid any act not allowed under income tax acr.
but penalty paid any act not allowed under income tax acr.
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