Dis allowance under section 43b

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Chintan Parekh (Querist)
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24 July 2013 Dear Sir,

I have Service Tax Liability of Rs. 5 Crore at the end of period.

However at present scheme of Rebate is available and I will pay Rs. 2 Crore as per Rebate Scheme. And the said payment will be paid in December 13 and June 14 in installment.

Now, My question is the Said liabilities of Rs. 2 Crore which will be paid after due date of filing of return is disallowed under section 43B or not ?

Please explain in brief that what i should do about Rs. 5 Crore & Rs. 2 Crore.

CA UMESH DULAL

CA UMESH DULAL (Expert)
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24 July 2013 Service tax paid after due date is disallowed as the there is no amendment in IT Act for payment made under voluntary disclousre scheme.

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