Clause 22b of form 3cd

Tax queries 718 views 1 replies

if short provision of prior period expenses is made then same is disallowed or not?

Replies (1)

provision is always an estimate, so even if there is short provisining then the expense would not be disallowed.  However the expense is disallowed only if it  is not charged to teh period to whihc it realtes.


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