Sales tax penalty & interest paid - allow or disallow
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 February 2013
Respected Experts,
My query is whether to allow or disallow the sales tax penalty & interest paid for prior years in current year 2012-13 while preparing the computation of a pvt ltd co
My query is whether to allow or disallow the sales tax penalty & interest paid for prior years in current year 2012-13 while preparing the computation of a pvt ltd co
20 February 2013
Any expenditure which are penal in nature to be disallowed...so penalty and interest to be disallowed.
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20 February 2013
It is disallowed
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