Sec- 40A(2)(b)
This query is : Resolved
02 July 2009
Payment made to relatives.
If payment is made with service tax and credit of service tax is taken, then whether total payment(including service tax)is to be shown under tax audit or net payment(excluding S.tax)?
e.g. if payment is Rs. 112.36(100 exp.+12.36 service tax).
so What amount be shown U/S Sec- 40A(2)(b).
i.e Rs.100 or Rs.112.36
If payment is made with service tax and credit of service tax is taken, then whether total payment(including service tax)is to be shown under tax audit or net payment(excluding S.tax)?
e.g. if payment is Rs. 112.36(100 exp.+12.36 service tax).
so What amount be shown U/S Sec- 40A(2)(b).
i.e Rs.100 or Rs.112.36
02 July 2009
Hi,
Total payment i.e. Rs. 112.36 have to be shown in tax audit report.
Total payment i.e. Rs. 112.36 have to be shown in tax audit report.
02 July 2009
agree with Mr. Sharma
06 July 2009
Thanks to both of u
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