Section 43b
This query is : Resolved
22 February 2012
Whether sales tax collected not paid to be disallowed u/s 43B. it is disclosed as sales tax payable in balance sheet. Is there any effect on disallowance if the assessee is not covered under 44AB
22 February 2012
Can't be disallowed u/s 43B unless it is routed through profit and loss account. This position will not be changed if the assessee is not covered u/s 44AB.
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