During the FY 2017-18, RCM liability of Rs 90,000 on import of service is recognised in the books not paid till the date of filing of ITR. Due date for filing of ITR is 30.09.2018.
My query is that do we need to disallow Rs 90,000 since this amount shall be paid only after filing of ITR.
Menu
Section 43 of IT Act & RCM
Replies (1)
I didn't mention the query subject clearly. Actually my question was regarding Section 43B.
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
