Sir,
Please clarify the following query regarding computation of incometax.
A company has paid in AY 2012-13 amount of Rs. 14,00,000/- for block assessment as per assessment order given by ITO for AY 2007-2008, Should thIs amount paid be allowed in return of income for AY 2012-13 or should we disallow it completely????
pls reply asap. . .
thanks in advance