sec.43B

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DEVAKI

DEVAKI (Querist)
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10 September 2009 is profession tax not paid within due date eligible for disallowance under sec.43B ?

Late CA Sampat Jain

Late CA Sampat Jain (Expert)
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10 September 2009 YES IT IS DISALLOWED IF NOT PAID WITHIN DUE DATE OF FILING I T RETURN FOR BUSINESS INCOME

Kaustuv

Kaustuv (Expert)
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10 September 2009 Sampat Sir, in my mind, the employer does not incur an expense for profession tax. Its only collected from employee and remitted to Government. So why it should be disallowed when I am not claiming a deduction for this? Please share your opinions.