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Payroll fraud allowable as expenses under sec 37(1)

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(Querist)
26 November 2019 In a company HR employee committed fraud & transfreed more salary to his account than actually payable to him.
Is this allowable under Income tax.
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Srishti Agrawal

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Srishti Agrawal (Expert)
26 November 2019 Since it is paid by the company into employee account you may show it as salary.

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