GST LATE FEES
Shubham Sundesha (15 Points)
30 July 2019Shubham Sundesha (15 Points)
30 July 2019
Shweta Gupta
(Assistant Manager)
(224 Points)
Replied 30 July 2019
Shubham Sundesha
(15 Points)
Replied 30 July 2019
Shweta Gupta
(Assistant Manager)
(224 Points)
Replied 30 July 2019
Pikan Maity
(50 Points)
Replied 30 July 2019
Shubham Sundesha
(15 Points)
Replied 31 July 2019
As per Section 43B
Notwithstanding anything contained in any other provision of this Act*, a deduction otherwise allowable under this Act in respect of—
a) any sum payable by the assessee by way of tax, duty, cess or fee, (by whatever name called, under any law for the time being in force);
Here as per the wordings of Section, clause (a) covers the term "fee". So does that mean we can cover late fees into this term and claim late fees expense?
Shweta Gupta
(Assistant Manager)
(224 Points)
Replied 31 July 2019
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)