RCM was no paid on Freight.
What will be it's impact for the purpose of tax audit.
Is that freight amount can be claimed as expenditure or disallowable under Income Tax Act.
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Implication of non payment of rcm for income tax audit purposes ?
Replies (3)
i thing so disallaw in income tax audit but Wait for further more discussion.
expense is allowable in income tax
but the amount of GST which is not paid can not be claimed as expense
but the amount of GST which is not paid can not be claimed as expense
Under what section disallalloable under income tax act, please clarify
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