Easy Office
LCI Learning

Income from business and profession

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 October 2013 if in the dr side of PROFIT&LOSS a/c
MVAT is return is it allowed as business expense or not
AND PLZ SAY WHAT TO DO OF MVAT
Profile Image

CA Harish Shyam Choudhary

Profile Image

CA Harish Shyam Choudhary (Expert)
28 October 2013 indirect tax is allowed as expenses under income tax act, but you have to pay it before due date of filing of return or before filing of income tax return. otherwise it will be disallowed U.s 43B of income tax act.

for further query feel free to ask

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links