Pgbp
This query is : Resolved
25 January 2014
Penalty for contravention of Sales Tax - is it a Disallowable Expense.
25 January 2014
Yes. Penalty is disallowed in for computing taxable income.
25 January 2014
agree with Avtar
you can also refer case study Malwa Vanaspati & Chemical Co.Vs. 1997.
you can also refer case study Malwa Vanaspati & Chemical Co.Vs. 1997.
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