Excess payment as against provision

As per sec 43B deduction shall be available only when payment is made therefore , if payments are covered under sec43B the deduction shall be available on paym ent made it has nothing to do with the provision made . Provision making is statutory obligation under accountiong standard issued by ICAI . This differenced leads to creation og deferred tax asset and deferred tax liability.Therefore, deduction is to be made on payment basis. hence if 2.55 lacs has been paid this year it has to fully allowed under thi Income tax act,1961 because at the time provisioning the amount of 4lacs has been disallowed.

Agree wid Saket :)