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Exception to sec43b

This query is : Resolved 
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(Querist)
18 December 2012 Dear Experts,

A person has his income as 10% of the gross turnover i.e. he is not in the ambit of sec 44AD. He also has service tax not paid in the year. Will this service tax not paid be disallowed u/s 43B?
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Mohit Naithani

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Mohit Naithani (Expert)
18 December 2012 Any govt liablity not paid by assessee is not allow to deduct. but same is paid before filing ITR is eligiable for deduction.

1. Earn Leave,
2. Bonus, Commission to employee,
3. Interest on repayment of loan from approv financial institute.
4. Any Govt Due/Tax liablity,
5. Any payment for benifit for employee.

in ur case its not eligiable for deduction.
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