Sales tax as an expense in p&l
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 November 2013
CAN SALES TAX PAID BE CLAIMED AS AN EXPENSE IN THE P&L A/c of A Proprietorship concern
28 November 2013
Yes allowed as per legal court cases held in past.
28 November 2013
Allowed expense subject to actual payment u/s 43B
ACS Gaurav Jain
(Expert)
28 November 2013
Sales tax on purchase of goods or salea of goods
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