Income from business and profession
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2013
if in the dr side of PROFIT&LOSS a/c
MVAT is return is it allowed as business expense or not
AND PLZ SAY WHAT TO DO OF MVAT
MVAT is return is it allowed as business expense or not
AND PLZ SAY WHAT TO DO OF MVAT
28 October 2013
indirect tax is allowed as expenses under income tax act, but you have to pay it before due date of filing of return or before filing of income tax return. otherwise it will be disallowed U.s 43B of income tax act.
for further query feel free to ask
for further query feel free to ask
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
