Allowance or dis allowance of expenses of expenses
This query is : Resolved
14 December 2012
Dear Sir,
Please suggest me answer of the query as under:
Date of return filed : 15th september
Due date of return filing : 30th september
date of payment of expenses covered u/s 43B :
19th sepember
Is this payment will allowed to assessee?
Please suggest me answer of the query as under:
Date of return filed : 15th september
Due date of return filing : 30th september
date of payment of expenses covered u/s 43B :
19th sepember
Is this payment will allowed to assessee?
14 December 2012
No expenses will not be disallow becoz it has been paid before the due date of return filing but u have to revise your return.
i f i m wrong any one can be correct my mistake.
i f i m wrong any one can be correct my mistake.
14 December 2012
If this case is of before 3 year then what will be treatment?
14 December 2012
then expenses will be allowed in the year in which paid
15 December 2012
Sir,
I read the section 43B in direct tax manual and it is stated that the expenses should be disallowed. because setion says yhat a proof of payment should be at the time of return filing.
I read the section 43B in direct tax manual and it is stated that the expenses should be disallowed. because setion says yhat a proof of payment should be at the time of return filing.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- What is meaning of merging of expenses or income in accounts
- Income Tax Return of LLP Partners
- Clubbing minor income
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
