Menu
Late filing
whether expenditures allowed/disallowed for late filing of IT returns for educational institution?
Replies (5)
Quick Summary
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.
BUT IT'S A TRUST.
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
