https://www.taxtmi.com/caselaws?id=214170 Compounding fee paid under the Rajasthan Sales Tax Act, 1994 in lieu of penalty or prosecution for tax evasion is a payment for breach of law and is not deductible as business expenditure, so the disallowance was sustained. Freight and unloading expenses on raw material were supported by vouchers and a factual finding that the claim was explained, so the disallowance was deleted. The claim for additional depreciation could not be allowed at the threshold on filing of the eligibility certificate alone; it required examination of the statutory conditions and written down value computation, so the matter was remanded for fresh consideration on merits. en-us Fri, 30 Mar 2012 00:00:00 +0530 Thu, 21 Jun 2012 21:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214170 Compounding fee paid under the Rajasthan Sales Tax Act, 1994 in lieu of penalty or prosecution for tax evasion is a payment for breach of law and is not deductible as business expenditure, so the disallowance was sustained. Freight and unloading expenses on raw material were supported by vouchers and a factual finding that the claim was explained, so the disallowance was deleted. The claim for additional depreciation could not be allowed at the threshold on filing of the eligibility certificate alone; it required examination of the statutory conditions and written down value computation, so the matter was remanded for fresh consideration on merits. Case-Laws Income Tax Fri, 30 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214170