hello,
If an assessee has overused or overexceeded his sanctioned capacity then electrcity department usually penalises the same.
Will these penalty charges be allowed as an income tax deduction or not?
Menu
Overusage electricity charges deductible or not
Replies (1)
Yes as this is charges for over utilization of electricity in the furtherance of business
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
