Credit for Penalty

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..... Can an assessee take the credit of the penalty deposited alongwith the tax? - Reply By Pradeep Khatri - The Reply = Penalties are levied for non compliances of an Act, Rule etc. and are in punitive .....

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..... nature. Hence, no Service Tax will be allowed on penalties. - Credit for Penalty - Query Started By: - Harsh Jindal Dated:- 25-8-2012 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - K .....

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..... nowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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