PF Damage Charges


This query is : Resolved 

Quick Summary
Employees' Provident Fund (PF) damage charges paid are generally allowed as a deduction for income tax purposes. They are considered part of administration expenses and are not subject to specific disallowances under tax law. Therefore, these costs can be included in your statement of total income.

(Querist)
17 March 2020 Is PF damage charges paid are disallowed in statement of total income?

18 March 2020 No . Specific disallowance in income tax. So it's part of administration exp..

25 May 2020 IT is allowed as deduction.


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