Service tax paid to govt is not allowed as general deduction, is it correct
Menu
general deduction us 37
Replies (2)
no it is not allowed but u can claim credit under serivce tax
If it is not allowed as credit, the same can be deducted to arrive at the taxable income.
Recent Threads
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
Related Threads
CAclubindia
