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 ,,,,
CA. Kunal Lakhotia
(ACA)
(1006 Points)
Replied 14 October 2013
VAT CST allowed but every penalty is disallowed
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)