Are VAT and Excise duty paid during the year allowed as deduction while calculating bussiness income u/s 43B and sale and purchase are inclusive of VAT or exclusive of VAT ?
Menu
VAT and Excise duty
Replies (1)
sales tax, service tax, excise duty etc....... allowed as deduction u/s 43B.......... provided they are paid on or before the date of filing of return of income...........
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
