Service tax not paid before filling the income tax return

Tax queries 206 views 3 replies

Hi,

As on 31st March -2016 we where suppose to pay Service tax of Rs XXX amount and we havent paid the amount fully, we have paid only the partial amount. There is still a balance amount of service tax has to be paid. 

Eg : as on 31 st March 2016 to be payable- 5,00,000, but paid only 2 ,00,000 till September end, the balance of 3,00,000.00

1. Now what is the treatement for the balance 3,00,000.00 amount which is not paid before filling the income tax return ?

2. Do we need to mention this is the audit report ? 

Do we need to disallow balance payable under Section 43B .

 

Thanks is Advance !!

 

 

 

Replies (3)
yes, the same will be disallowed in the current previous year. also auditor should report the same. The can be taken as deduction in the year in which it is paid

NO OBJECTION TO INCOME TAX ON PAYABLE SERVICE TAX , BUT YOUR AUDITOR MUST SHOW IN AUDIT REPROT IF YOUR NOT DEPOSIT S.T. BEFORE FILE THE ITR GOOD LUCK

NO OBJECTION TO INCOME TAX DEPARMENT ON PAYABLE SERVICE TAX , BUT YOUR AUDITOR MUST SHOW IN AUDIT REPORT IF YOUR NOT DEPOSIT S.T. BEFORE FILE THE ITR GOOD LUCK


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