Is Rs.5000 which is the registration fee paid for Maharashtra VAT Registration(Voluntary) allowed under Income Tax Act? If yes, which section, is it under Sec 37 i.e. the general section?
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Mvat registration fee: allowed under income tax act?
Replies (4)
yes registration fees is Rs.5000/- but along with that you have pay Rs.25000/- as deposit money for MVAT Registration..
| Originally posted by : Mayur M. Goswami | ||
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yes registration fees is Rs.5000/- but along with that you have pay Rs.25000/- as deposit money for MVAT Registration.. |
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Already knew that!! My question is whether this Rs.5000 is allowed as an expenses in the Income Tax Act?
yes it is allowed.....
| Originally posted by : Mayur M. Goswami | ||
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yes it is allowed..... |
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Under which section? Is it under 37(1)?
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