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Disallowance

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25 September 2012 Sale tax is disallowed under which section of the BnP head in the IT ACT..??..
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CA. Vikash Dwivedi

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CA. Vikash Dwivedi (Expert)
25 September 2012 i believe it is allowed on payment basis.
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Prashanth

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Prashanth (Expert)
25 September 2012 Dear Tiwari Shivani,

Sales Tax is not disallowed,However the same will be allowed as expenditure under 43B on payment basis.
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tiwari shivani

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tiwari shivani (Querist)
25 September 2012 Thanks for the reply sir..
please resolve one more queryy....sale tax demand of earlier years arose in later year is dissallowed or not??under which section??

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