27 May 2016
During scrutiny ITO added service tax, vat in income even in p&l taxes are not debited as expenses. As per ITO u/s 43b if duty, taxes is not paid before due of filling return than it will be added in income. Now case in CIT appeal can u give some way out. Its huge liability.
27 May 2016
I think you can win the case easily. if u read the section carefully it says deduction to be allowed in certain cases. here u are not claiming any deduction but it is a mere liability. hence u can appeal and get relief. there are certainly caselaws in this matter that can be ecamined
27 May 2016
But I can win case any references...pls provide we have convience ITO but he unable understand. It was for AY 13-14 now case is in appeal to CIT appeal pls provide way out
27 May 2016
But I can win case any references...pls provide we have convience ITO but he unable understand. It was for AY 13-14 now case is in appeal to CIT appeal pls provide way out
CAclubindia
