Late filing

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whether expenditures allowed/disallowed for late filing of IT returns for educational institution?
Replies (5)
Computation of Income under the Income tax Act is governed by different section whereas late return filing is governed by different section 234.
Not Allowed.

The relevant section of the ACT 

THE ASSESSE NATURE CATEGORY IS NOT MENTIONED BY THE QUERIST.

SO THE RELEVANT EXPENSES ARE DISALLOWED OR ALLOWED CAN BE JUDGED ACCORDINGLY.

 

 

For all categories of assessee, late filing expenditure is not allowed

I KNOW THAT
BUT IT'S A TRUST.


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