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.
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Section 43 of IT Act & RCM
Replies (1)
I didn't mention the query subject clearly. Actually my question was regarding Section 43B.
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