Section 43 b

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 May 2015 if any payment under section 43 B not made before filing of income tax return then such liability shall be added to computing tax income and also whether we have to pay tax on unpaid amount.

06 May 2015 Since the amount will be added so you have to tax on unpaid amount & during next financial year when you will pay the amount then you will get the tax benefit for it.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries