Ecampaign income tax

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35 Points Posted on 31 July 2020
can we clear response submitted on ecampaign income tax portal??
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On 31 July 2020 at 23:15 Report
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This discussion clarifies whether GST late fees can be claimed as a business expense for Income Tax purposes. The consensus is that GST late fees are not allowable as a deduction under the Income Tax Act and will be treated as a disallowance.

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2 Points Posted on 01 August 2020
No gst late fees not allowed as deduction in I.tax. it will be disallow
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On 01 August 2020 at 00:14
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Tax and Business Consultant
11616 Points Posted on 04 August 2020
No, GST late fee is not allowed as expenses under Income tax Act.
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On 04 August 2020 at 00:22

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