Prior Period Item
This query is : Resolved
14 August 2009
Whether payment for expenses made in F.Y. 2008-09 for expenses incurred in F.Y. 2007-08 is allowed as an expenditure in F.Y. 2008-09.No provision is made for the expenses incurred in 2007-08.Also please specify the applicable section under I.T.Act,196
14 August 2009
It wont be allowed under income tax
Message likes :
1 times
14 August 2009
Agree
17 August 2009
Agree with expert
17 August 2009
I also agreed as above
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