what expenses are disallowed while computing p/l a/c. also what expenses are allowed? vat & cst paid to govt is allowed or disallowed expenditure? pls explain .. urgent if any files are avaliable to understand pls attach ? urgent ,,,,
srikumar (audit staff) (1203 Points)
13 October 2013what expenses are disallowed while computing p/l a/c. also what expenses are allowed? vat & cst paid to govt is allowed or disallowed expenditure? pls explain .. urgent if any files are avaliable to understand pls attach ? urgent ,,,,
CA. Kunal Lakhotia
(ACA)
(1006 Points)
Replied 14 October 2013
VAT CST allowed but every penalty is disallowed