Disallowance

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HIMANSHU MEHTA (Querist)
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27 November 2013 Professional Tax for AY 2007-08 to AY 2012-13 was booked in AY 2012-13, but the same was paid in AY 2013-14 before filing return of income. Whether the same will be disallowed, if yes, in which section it will be disallowed?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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27 November 2013 yes it will be allowed in AY 2013-14.

HIMANSHU MEHTA

HIMANSHU MEHTA (Querist)
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28 November 2013 why the same is allowed in AY 2013-14? when we consider it as a prior period expense in AY 2012-13.
According to me if the same is disallowed under section 43B, then only it will be allowable on payment basis.

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