Allowance or dis allowance of expenses of expenses
This query is : Resolved
14 December 2012
Dear Sir,
Please suggest me answer of the query as under:
Date of return filed : 15th september
Due date of return filing : 30th september
date of payment of expenses covered u/s 43B :
19th sepember
Is this payment will allowed to assessee?
Please suggest me answer of the query as under:
Date of return filed : 15th september
Due date of return filing : 30th september
date of payment of expenses covered u/s 43B :
19th sepember
Is this payment will allowed to assessee?
14 December 2012
No expenses will not be disallow becoz it has been paid before the due date of return filing but u have to revise your return.
i f i m wrong any one can be correct my mistake.
i f i m wrong any one can be correct my mistake.
14 December 2012
If this case is of before 3 year then what will be treatment?
14 December 2012
then expenses will be allowed in the year in which paid
15 December 2012
Sir,
I read the section 43B in direct tax manual and it is stated that the expenses should be disallowed. because setion says yhat a proof of payment should be at the time of return filing.
I read the section 43B in direct tax manual and it is stated that the expenses should be disallowed. because setion says yhat a proof of payment should be at the time of return filing.
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