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Entry tax computation

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(Querist)
16 December 2010 While calculating the entry tax payable can we reduce the cash discount obtained for the payment with in the due date for the purchases.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
17 December 2010 No, cash discount cannot be deducted, while computing entry tax.
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chaitra

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chaitra (Querist)
17 December 2010 thanks sir
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