We had a gst liability of Rs 10000(net of output tax minus input tax) which was paid after the due date of filing return u/s 139(1). whether it will be disallowed u/s 43b?
The gst liability will be reported as not paid in tax audit report, but there should be no disallowance u/s 43B provided the same is not routed through the profit&loss acc.... There are a no. of favourable judicial precedents on this matter
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