Poonawalla fincorps
Poonawalla fincorps

Dissallowable expenses

This query is : Resolved 

06 December 2012 Dear all,
If service tax arrears for any previous year is paid during the current year is the expense disallowed during the current year.
Thanking in anticipation

06 December 2012 No problem, you can paid current year

06 December 2012 According to the section 43B service tax payment is allowed as expenses on cash basis i.e deduction allowable in the year of actual payment made. So no problem will arises you.

OM SAI SRI SAI JAI JAI SAI




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