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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Addition u/s 43B - outstanding demand of sales tax - deduction ...


Section 43B Allows Deduction for Sales Tax Demand Paid Before Tax Return Due Date, Even if Not in Balance Sheet.

October 18, 2016

Case Laws     Income Tax     AT

Addition u/s 43B - outstanding demand of sales tax - deduction u/s 43B allowed even if no sales tax liability was shown in the balance sheet where the same has been paid before due date of filing of return - AT

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