Hi
Are corporate taxes are paid in 1 year arrears?
If so some last year interest is reimbursed by bank back to company.
Interest has tax allowance. When its returned what will happen to the allowance cause you have already claimed it. Can we restate last year statement or make adjustment this year??
Txs
Chirag N Shah & Associates
Mumbai
CA Inter
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Arvindkumar Maniar & Co.
Rajkot
CA
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Gowra Ventures Pvt Ltd
Hyderabad
CA
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CAclubindia
