Query about u/s 43b

Such tax/duties which are debited to P/L account and for which deduction is claimed is disallowed under section 43B(a) in case of non payment within stipulated period. Example- Municipal Tax

Usually we don't debit TDS to Profit and Loss. The expenses on which is TDS deductible but not deducted/deposited by the last date of filing of return shall be disallowed u/s 40a(i)/ 40a(ia).

In case of GST, it is debited to P/L where it's itc is not allowed. Since, it's our input credit the question of payment may not arise.

OK THANKS

BUT ONE MORE THING

IN  GST INELIGIBLE ITC WHICH IS DEBITED TO P&L A/C WILL BE ALLOWED AS EXPENSES IN CALCULATION OF PROFIT AS PER IT??

Yes, as it is a part of purchase cost.

OK

THANKS FOR REPLY..