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Penalty for hospital

This query is : Resolved 
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(Querist)
28 May 2021 Sir,
A doctor running a private hospital treatment covid-19 patients in hospital.if a hospital penalty some amount pay to government.
Question:
Assess penalty pay amount treatment (show in business expenses or not business expenses ) procedure in accounting books in it act.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 May 2021 Show it as business expenses in the books of accounts. For the purpose of calculating income tax add this penalty to profit and calculate tax.
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