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Tds return late filing fee/penalty

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(Querist)
05 September 2018 Tds return late filing fee/penalty is allowable exp or not as per income tax Per day Rs 200 vali penalty
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
05 September 2018 Late filing fee is not allowable expenses disallowed u/s 37
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Payal Jain

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Payal Jain (Expert)
07 September 2018 Penalty of any sort is not allowable under Income Tax,1961.
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