Penal intereston non submission of stock summery in bank
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2012
Please tell me if interest paid on non submission or late submission of stock summery is it a allowable exp. under income tax.
13 September 2012
Yes, allowable.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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