hello..
should i disallow penalty levied by a local authority ( Indore Development Authoritty) while preparing ITR.
Adesh Mehta ( Article) (25 Points)
05 September 2013hello..
should i disallow penalty levied by a local authority ( Indore Development Authoritty) while preparing ITR.
CA LOVELY ARORA
(C.A. B.Com (H) Graduate)
(2151 Points)
Replied 05 September 2013
Dear,
yes, if the penalty is in the nature of infraction of law, then the same should be disallowed.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)