Dear Sir, I have paid plenty Under GST due to less values bill. Can I show GST plenty under indirect exp.
Is this allowable under income tax.
Or same needs to transfer Under capital account Please advise to me
Menu
Plenty Paid
Replies (4)
It's Penalty not Plenty
typing mistake Nothing else please answer the query
it is indirect expense but expense is not allowed under income tax act
Thank you Sir,
Recent Topic
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
