| Originally posted by : *RENU SINGH * | ||
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undoubtedly illegal expense ... and hence not allowed as deduction. simple logic |
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Agreed
Payment to police & 20,000 for protection
Page no : 2
RAHUL MAHAJAN
(CA)
(166 Points)
Replied 17 July 2012
Lalit Nyati
(Student)
(487 Points)
Replied 17 July 2012
but this is expense for business protection from those people Intimidate our normal course of business..
Manish Gautam
(Manager - Internal Audit)
(21 Points)
Replied 23 July 2012
Illegal payments can not be allowed under income tax act.
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