Whether GST Late fees (Rs. 20/day or Rs. 50/day) paid before the due of of filing of Income Tax Return u/s 139 will be allowed as deduction or not ?
Whether GST Late fees (Rs. 20/day or Rs. 50/day) paid before the due of of filing of Income Tax Return u/s 139 will be allowed as deduction or not ?
no as such relation
What is the nature of Late fees ?
Whether it is in the nature of Interest or penalty ?
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