Whether Penalty Or Fines Or Penal Interests Allowed As Expenditure Under Section 37(1) Of IT Act,1961

FCS Deepak Pratap Singh , Last updated: 26 October 2021 Share Follow on Google News

INCOME TAX QUESTIONS ANSWERS SERIES PART-XV Whether Penalty/Penal Interest is allowed as deductible expenditure under provisions Section37(1) of the Income Tax Act, 1961 Dear Friends, In this article we are going to discuss a problem, whether Penalty/Penal Interest levied on any organizati

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FCS Deepak Pratap Singh
Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

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Dear Friends, Myself FCS Deepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited Insolvency Examination ( IBBI) wo .. Read more

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Whether Penalty Or Fines Or Penal Interests Allowed As Expenditure Under Section 37(1) Of IT Act,1961

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