Whether Late filing fees of GST Returns allowed as an expenses in Income Tax

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..... Whether Late filing fees of GST Returns allowed as an expenses in Income Tax
Query (Issue) Started By: - CA-Gourav Garg Dated:- 23-2-2018 Last Reply Date:- 7-4-2018 Income Tax
Got 3 Replies
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..... Income Tax
Whether Late filing fees of GST Returns allowed as an expenses in Income Tax? Reply By Ganeshan Kalyani: The Reply: In my view, 'NO'. Reply By KASTURI SETHI: The Reply: Dear .....

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..... Sh.Kalayani Ji,. Here expense means the Querist wants deduction on account of the amount paid as penalty or late fee. You have replied, 'NO'. Your reply appears to be right. This expense is on .....

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..... account of default do not to be treated as expense for the assessment of Income Tax. Am I right ? Pl. Reply for my enrichment of knowledge. Thanks. Reply By subramanian vijayakumar: The Reply: I ag .....

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..... ree with the view of sethy ji
Discussion Forum - Knowledge Sharing .....

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