22 June 2008
Whether luxury tax which was short collected from the customers and paid by the company based on an assessement order and charged to P&L A/c - disallowed
Whether such tax comes under the ambit of provisons of Sec 40 a
22 June 2008
The luxury tax is paid during 2007-08 towrads asst., order for short payment during 2005-06 which could not be collected from the customers
So., it does not satisfy 43B - So., can it be said that - it is disallowed
CAclubindia
