prior period expenses

This query is : Resolved 

14 September 2009 In the Financial Year 2008-09, Sales Tax Assessment for Financial Year 2005-06 has been made and Demand raised for Rs.24,000/- for Fiancial Year and the assessee paid, Pls. advise me whether it has been deductible expenses in financial year 2008-09 or not. Whether it has been treated as prior period item.

14 September 2009 sales tax allowable on cash basis u/s 43B of the I T Act , even if prior period



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