Sales tax is allowed expenditure or not?
This query is : Resolved
27 September 2011
1) if sale tax is routed through profit and loss account than it is allowed expenditure?
2)In Case of sales tax assessment department ask to pay some more sales tax and that more sales tax is routed through profit and loss account is allowed expenditure?
2)In Case of sales tax assessment department ask to pay some more sales tax and that more sales tax is routed through profit and loss account is allowed expenditure?
27 September 2011
Yes
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- GST applicability on Shipping charges
- Issuance of authorised capital by pvt ltd co
- TAX TREATMENT OF COMMODITY
- Machinery taking back from repair work shop
- RCM PAYMENT OF APRIL 2025 NOT PAID IN YEAR AND NOW PAYING IN OCTOBER 2026 RETURN
- SALE SHOWS ACCORDING SERVICE PROVIDE BUT SERVICE RECEIVER (GOVT. DEP) SHOWS SALES IN 26Q DIFF YR
- Processing delay
- REGARDING TURNOVER LIMIT
- Tax Audit Mandatory or Optional
- LLP audit under companies act
- Income tax return change regime form necessary or not?
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
