penalty as deduction in income tax
CA Priti Bamal (138 Points)
03 September 2019
is GST penalty allowed as deduction under income tax ?
1 Replies
Kapadia Pravin
(17264 Points)
Replied 03 September 2019
Not Allowed.
Any penalty which is in punitive nature , it's not allowed.
Any penalty which is in punitive nature , it's not allowed.
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