My client a private limited company had given some properties on rent & the tenant denied to pay the service tax amount on rent of factory. It pertains to AY 08-09. We paid the said amount to ST dept (to the tune of 12 lakhs)
Now we dnt know what to do with the o/s amount in the balanxcesheet.
We have recd the rent amt only ST is stil shoa\wn as debt recoverable.
Write off of service tax amount
IA & Risk expert (Freelancer) (198 Points)
16 March 2013
CAclubindia
