Whether Himachal Pradesh Entry Tax applicable on Imported Machinery by Pvt. Ltd.?
if we will pay entry tax in cash of Rs.35000 then it will allow in Income Tax Act?
Whether Himachal Pradesh Entry Tax applicable on Imported Machinery by Pvt. Ltd.?
if we will pay entry tax in cash of Rs.35000 then it will allow in Income Tax Act?
Yes,
Tax payment diposited in govt. account in cash is alowed.
No specific deduction but you can claim it as a expense in p&l.
Regards.
| Originally posted by : RAJ KUMAR | ||
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Yes, Tax payment diposited in govt. account in cash is alowed. |
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Could you please tell the section or Rule or case lawetc. of Income Tax Act for support of your answer?
Please refer your Himachal pradesh VAT-entry tax.
it will clear you every thing about the cash payment of vat or entry tax.
Thanks
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