SEC 43B DISALLOWANCE

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T.S.CHANDRASEKARAN

CHARTERED ACCOUNTANT

60 Points Posted on 06 October 2009

SALES TAX AND SERVICE TAX NOT ROUTED THRO PROFIT AND LOSS ACCOUNT NOT TO BE ADDED TO PROFIT FOR COMPUTATION OF TAXABLE INCOME EVENTHOUGH THEY ARE NOT REMITTED.VIDE COMMISSIONER OF INCOME TAX VS NOBLE HEWITT (I) P LTD [2008] 166 TAXMAN 48(DELHI) DECIDED BY DELHI HIGH COURT.THIS IS A WELCOME RELIEF AND GIVEN SOLUTION TO AMBIGOUS PROVISIONS UNDER SEC 43B/CLAUSES. IN FORM 3CD.EVENTHOUGH BELATED I WISH TO SHARE WITH FORUM.

Replies (4)

surbhi

40 Points Posted on 06 October 2009

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surbhi

40 Points Posted on 06 October 2009

sdfsdfsdfs

Originally posted by :T.S.CHANDRASEKARAN

SALfghfhgfhgfhES TAX AND SERVICE TAX NOT ROUTED THRO PROFIT AND LOSS ACCOUNT NOT TO BE ADDED TO PROFIT FOR COMPUTATION OF TAXABLE INCOME EVENTHOUGH THEY ARE NOT REMITTED.VIDE COMMISSIONER OF INCOME TAX VS NOBLE HEWITT (I) P LTD [2008] 166 TAXMAN 48(DELHI) DECIDED BY DELHI HIGH COURT.THIS IS A WELCOME RELIEF AND GIVEN SOLUTION TO AMBIGOUS PROVISIONS UNDER SEC 43B/CLAUSES. IN FORM 3CD.EVENTHOUGH BELATED I WISH TO SHARE WITH FORUM.

surbhi

test

37 Points Posted on 06 October 2009

Originally posted by :ssdfsdfurbhi
"	sdfsdfsdfs Originally posted by :T.S.CHANDRASEKARAN " SALfghfhgfhgfhES TAX AND SERVICE TAX NOT ROUTED THRO PROFIT AND LOSS ACCOUNT NOT TO BE ADDED TO PROFIT FOR COMPUTATION OF TAXABLE INCOME EVENTHOUGH THEY ARE NOT REMITTED.VIDE COMMISSIONER OF INCOME TAX VS NOBLE HEWITT (I) P LTD [2008] 166 TAXMAN 48(DELHI) DECIDED BY DELHI HIGH COURT.THIS IS A WELCOME RELIEF AND GIVEN SOLUTION TO AMBIGOUS PROVISIONS UNDER SEC 43B/CLAUSES. IN FORM 3CD.EVENTHOUGH BELATED I WISH TO SHARE WITH FORUM. "	"