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(Querist)
27 July 2019 Sir,

FY 2018-19 We have paid late fees due to late filed the GST return and some plenty due to route diversion
Now please tell us Can We show both under indirect exp.( PNL ) or charge under Capital a/c
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Gokul Sharma

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Gokul Sharma (Expert)
28 July 2019 late fine and penalty to be show in p&L Exp but it is disallowed as per income tax act.
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Naveen Kumar

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Naveen Kumar (Querist)
29 July 2019 Sir,
So Can we transfer to Capital account.
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