What is the treatment in statement of total income as per income tax act for service tax collected but not remitted to the government? please clear my query.
Pavan N V R S Gupta (Article student) (29 Points)
05 September 2013What is the treatment in statement of total income as per income tax act for service tax collected but not remitted to the government? please clear my query.
Ajay Yadav
(Associate)
(33 Points)
Replied 05 September 2013
Pavan N V R S Gupta
(Article student)
(29 Points)
Replied 06 September 2013
it is not an expense so it is not at all related to 43B. 43B deals with payments to be made for claiming certain amounts as expenses.
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