Section 43B(a) states that "any sum payable by the assessed by way of tax, duty, cess or fee, by whatever name called, under any law for the time being in force" shall be allowed as deduction only on actual payment.
Now if such tax (like GST) was not debited to P&L account and balance sheet is showing GST liability and the same has not been paid before filing of ITR, then whether the same should be reported in point 26 (i) (B) (b).
Please clarify.
CAclubindia
