Sales tax as an expense in p&l

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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

CS,CA F,Numrologi TusharSampat (Expert)
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28 November 2013 Yes allowed as per legal court cases held in past.

CA LOKESH KASAT, FCA, M.Com (Expert)
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28 November 2013 Allowed expense subject to actual payment u/s 43B

ACS Gaurav Jain (Expert)
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28 November 2013 Sales tax on purchase of goods or salea of goods

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