Dear Experts,
In Pvt. Ltd. Company can Penalty taken as expense in profit and loss.
Nidhi Prajapati (Accountant) (106 Points)
18 August 2020Dear Experts,
In Pvt. Ltd. Company can Penalty taken as expense in profit and loss.
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 18 August 2020
No Penalty allowed as deduction under Income Tax if Related to Law
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 18 August 2020
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