banner_ad

Section 43B and Section 40(ia) of the I. T. Act, 1961,

Others 1856 views 5 replies

Respected Sir,

              I am asked to furnish details along with proofs of payment made before the date of filing the return for payment referred to Section 43B and Section 40(ia) of the I. T. Act, 1961,

          Kindly suggest me what to furnish.

        Kindly guide me on urgent Basis.

Thanking You,

Yours Faithfuly,

Nitil Agarwala

Replies (5)

furnish with respect to those figures which you claim as deduction which are disallowed u/s 43B in Computation of Income in the respective ROI.

same do in respect of Sec 40(ia)...

and this is not 40(ia)., it is 40(a)(ia)

But Sir,
 as far as i am concerned, there is no such disallowed in our balance sheet.

 But our file has been in Scootny, and i am asked to furnish the above information along with the proof.

 

So, i cant judge what to furnish to the ITO

kindly suggest me

 

Thanking You,

Yours Faithfully

Nitil Agarwala

REGARDING 43 B  :     THERE MUST BE SOME AMOUNT PAYABLE W.R.T DUTY, CESS, TAXES, UNDER ANY OF THE LAW OR PF, ESI DUES OR INTEREST ON LOAN TO PAYABLE TO PUBLIC FINANCIAL INSTITUTIONS OR SCHEDULED BANKS AS ON THE LAST DAY OF THE FINANCIAL YEAR AND APEARING IN THE BALANCE SHEET GENERALLY KNOWN AS STATUTORY DUES... GIVE THE PAYMENT PROOF FOR THE SAME LIKE CHALLAN/ BANK CERTIFICATE ETC...

 

40 (a)(ia)               :        THERE MUST BE SOME TDS PAYABLE AS PER YOUR BALANCE SHEET... GIVE THE PAYMENT PROOF FOR THE SAME.....

Thank You Sir.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details