IS SERVICE TAX PAID , DEBITED TO PROFIT & LOSS ACCOUNT , WHETHER ALLOWABLE EXPENDITURE EXPENSES UNDER INCOME TAX ACT? OR WE HAVE TO ADD BACK WHILE COMPUTING PROFIT UNDER INCOME TAX ACT?
Menu
Service tax paid allowable expenditure under income tax act?
Replies (2)
As per sec 43b it is allowable provided it has been paid before filing return.
Hi,
Service Tac received must be also routed through the P & L
regards
Recent Threads
- Procedure for 'inter-unit job work' under GST Act
- Advances received and Advances adjusted - HSN Summ
- TAX ON SALE OF COMPANY'S SHARES
- Refund on Hold - Section 245
- CLARITY REGARDING ESIC WAGE CALCULATION AFTER NEW
- GST Rule 14A for Export of Service with Hypothetic
- GST ON QUERY
- Initimation on AIS
- GST on sponsorship from foreign body corporate
- Revised Income tax return karna padega kya
Related Threads
CAclubindia
