sir
a company having bussines of trading in shares and fabrics debited late payment charges imposed by share broking company. Is it right because late payment charges are penal types these are not deductible.
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Regarding late payment charges
Replies (4)
It is not allweable expenditures under section 37 of it act.
any document regarding proof
please share
pls msg me on 9990505103 or whatsapp i will send u
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