Service tax /sales tax panel intt
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 November 2012
Service Tax /Sales Tax Panel Intt. or Panelty paid during the year is allowable or not under income tax laws for computing income under head business or profession
Jayant Bothra
(Expert)
22 November 2012
Any type of penal penalty or interest paid is not allowed as deduction under income tax act.
Regds
CA JAYANT BOTHRA
Regds
CA JAYANT BOTHRA
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