| Originally posted by : *RENU SINGH * | ||
 |
undoubtedly illegal expense ... and hence not allowed as deduction. simple logic |
 |
Agreed
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Payment to police & 20,000 for protection
Replies (17)
| 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.
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