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Sec 43 B

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(Querist)
02 September 2010 Dear Friend
We are registered in Vat and our Vat Payable as on 31 Mar 2010 was 1.20 Crore. Vat Department allow us to pay Vat in installment.
1. Do we think our vat payable as deemed Paid as per Income Tax 43 B.
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
02 September 2010 NO,
IT IS ALLOWED AS PAID BASIC.

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