Tds return late filing fee/penalty

This query is : Resolved 

05 September 2018 Tds return late filing fee/penalty is allowable exp or not as per income tax Per day Rs 200 vali penalty

05 September 2018 Late filing fee is not allowable expenses disallowed u/s 37

07 September 2018 Penalty of any sort is not allowable under Income Tax,1961.


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