Section 43 of IT Act & RCM

Rahul Rustagi (Student CA Final ) (310 Points)

26 November 2018  
During the FY 2017-18, RCM liability of Rs 90,000 on import of service is recognised in the books not paid till the date of filing of ITR. Due date for filing of ITR is 30.09.2018.

My query is that do we need to disallow Rs 90,000 since this amount shall be paid only after filing of ITR.