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Sec 40(a)(ii)

Direct Taxation

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 Final

7K+

23-Jun-20 17:32

730

Answers (1)

Yes, indirect tax paid will be allowed.


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