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Direct tax

This query is : Resolved 
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(Querist)
25 December 2012 Sir/Madam,

X Limited had purchased goods from Y Limited. For that X Limited had used its transport facilities. During the journey to X Limited, the truck was caught by police and they imposed penalty for both drunken drive and heavy load. whether X Limited can claim these expenses as business income? If so under which provision it can be claimed as expenditure?
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Pankaj Gupta

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Pankaj Gupta (Expert)
25 December 2012 It is a penalty for infraction of law. Hence not allowed under any head under the income tax act 1961.
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