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Sec 40(a)(ii)

I understand Income tax paid is not deductible. But is it not deductible even though it is paid during the p.y or before due date 139(1)? In case of indirect tax can i take as deduction when i paid during the p.y or before 139(1)


AKHIL KOSHY

AKHIL KOSHY

CA Inter

6K+

23-Jun-20 17:32

9

Answers (1)

Yes, indirect tax paid will be allowed.


KEERTHI PRIYA

KEERTHI PRIYA

Moderator

23-Jun-20 18:35