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Income from business

Direct Taxation

Penalty for GST delay is disallowed expenses or not ? How to treat it was?


Hemanth kumar Kumar

Hemanth kumar Kumar

CA Inter

720

25-Mar-22 17:43

178

Answers (1)

It is based on Circumstances , If it is like late filing fee etc it is allowable expenses, if the penalty is imposed due to Breach of law it's disallowed


Kumar G

Kumar G

CA Final

12K+

25-Mar-22 17:51

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