| Originally posted by : *RENU SINGH * | ||
 |
undoubtedly illegal expense ... and hence not allowed as deduction. simple logic |
 |
Agreed
| Originally posted by : *RENU SINGH * | ||
|
|
undoubtedly illegal expense ... and hence not allowed as deduction. simple logic |
|
Agreed
but this is expense for business protection from those people Intimidate our normal course of business..
Illegal payments can not be allowed under income tax act.
Naveen Fintech Pvt Ltd
Kolkata
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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