The provision of Section 43B overrides the method of accounting ...

Income Tax

June 2, 2016

The provision of Section 43B overrides the method of accounting consistently followed and provides for the deduction of statutory liabilities in the year of payment irrespective of the year in which the liability is incurred. - AT

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The provision of Section 43B overrides the method of accounting ...

Income Tax

June 2, 2016

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