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Payment under Protest.

This query is : Resolved 
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(Querist)
19 December 2023 what is payment under protest to tax deptt.
Like Income tax paid under protest and
GST Paid under protest.
where to show it under scheduled III Balance sheet.
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
14 January 2024 The question is not clear. But liability should be created for any such compliance liabilty and the payments needs to be adjusted here.
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