Service tax paid to govt is not allowed as general deduction, is it correct
Prem Kumar
(Articled student--Final)
(375 Points)
Replied 25 June 2009
no it is not allowed but u can claim credit under serivce tax
RAJU
(LEARNER)
(1089 Points)
Replied 25 June 2009
If it is not allowed as credit, the same can be deducted to arrive at the taxable income.
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