i wanted to know that, whether cbdt has drawn a circulars on Prior Period Items?
what is the prior period items according to income tax act and its treatment under this act?
Kindly reply as soon as possible.
Menu
CBDT Circulars
Replies (1)
Mostly the expenses are not alowable under the Act as one of the condition for 37(1) is that the expenses should relate to current year
Recent Topics :
- TDS filing for the 1st quarter of TY 2026-27
- Login into Old Traces Portal
- Professional Income reporting in ITR-3
- Pf exemption in hand of spouse on demised of husba
- Missed deadline to revise ITR for a foreign asset
- Durga Puja 2026 Dates: Mahalaya, Shashthi to Vijay
- Indo-MIM IPO Allotment Date, Status Check and List
- GSTR 1 filed but GSTR 3 B no filed
- ITR FORM FILING REGARDS
- TDS JUSTIFICATION REPORT
Related Topics :
CAclubindia
