Disallowance of expenditure u/s 37(1) - Amount paid as penalty ...
Expenditure Disallowed u/s 37(1) for Penalty Paid on Using Electricity During Restricted Hours.
October 23, 2019
Case Laws Income Tax AT
Disallowance of expenditure u/s 37(1) - Amount paid as penalty for using electricity during restricted hours - the amount paid being penalty, the AO was justified in disallowing the same.
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