Please Help: ESI
Posted Date : 31-Jul-2014 , 04:00:53 pm | Posted By: Krishna
Category :
Income Tax | Answers :
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Whether Interest paid on Late deposit of ESI will be disallowed or Not. |
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Answers:
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Answer by: Shankygarg |
No. It is an allowable expenditure because it is only compensatory in nature not any contravention of law.
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Comments |
Posted By : Krishna |
02-Aug-2014, 04:51:38 |
Thank U!
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Posted By : Devraj Sharma |
01-Aug-2014, 11:17:30 |
I am agree with Mr.shanky garg it is not a penalty. so it will be allowed. |
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