Disallowance of service tax not paid
This query is : Resolved
20 September 2012
A Service provider does not route the service tax collected & paid to the Government through his profit & loss account. In such a case if he has Service Tax payable as on 31.03.2012, will such amount be disallowed u/s 43B?
Also what wil be its implications under the Income Tax Act?
Pls Reply
Also what wil be its implications under the Income Tax Act?
Pls Reply
20 September 2012
No its not disallowed, Because you not claimed deduction of expenditure earlier.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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