Home > Experts > Income Tax > Disallowance of Penalty


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Disallowance of Penalty (Income Tax)

Report Abuse
This query is : Resolved



( Author )
01 June 2011

Whether payment of penalty of Rs. 15050 under the Standard Weights & Measurement Act is to be disallowed while computing income from business? If disallowed, under which section?


CA.Ankit Gulgulia (Jain)

( Expert )
01 June 2011

Yes It will be Disallowed u/s 37.

Refer Millenia Developers Case.


Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :








submit










Quick Links





back to the top