CA Inter doubt
Penalty received is taxable / not taxable under income tax?
Asked by Manjunath9 Apr 2024550 views
2 answers
HARSHIT · 10 Apr 2024
Penalty toh dis allow hot h
Riya · 9 Apr 2024
I did not understand your doubt but yes if you are talking about pgbp then penalties are not allowable expenses. Will you please elaborate your doubt and the context of your doubt?
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