Yes it is allowable as expenditure As per the income tax Act U/s 4
Yes it is allowable as expenditure As per the income tax Act U/s 4
under sec 43b expenses are allowed on payment basis ,if you paid before due date of filling return
1) sales tax ,service tax ,bonus , LTA
but what is your query
U/s 43B, deductions are allowed on actual payment basis and payment should be made before ROI
CAclubindia
