43b income tax act

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due date of return is 15 March and tax audit due date is 15 Feb then in tax audit clause 26 on the date of tax audit liability is not paid but assessee paid before return then how to deal with the issue how to report in tax audit
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Whatever payment done till filing of tax audit report will be reported in clause 26.

 

Whatever payment done till filing of tax audit report will be reported in clause 26.

And than Tax audit report revision after filing return

Section 43B of the Income Tax Act states that only certain payments can be claimed as an expense in the year which they have been paid and not in the year in which the liability to pay such sum was incurred. This means that certain statutory expenses are allowed to be claimed in the year of payment only.

Whatever payment done till filing of tax audit report will be reported in clause 26.

And than you are required to revise the Tax audit report after filing ITR


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