Thursday, June 12, 2014

[aaykarbhavan] Service-tax not collected from customer but paid to Treasury is an allowable business expenditure




Service-tax not collected from customer but paid to Treasury is an allowable business expenditure

June 12, 2014[2014] 45 taxmann.com 363 (Gujarat)
IT: Where assessee had not collected and deposited service tax but on being pointed out, deposited same, amount being expended by assessee in course of business was allowable as business expenditure
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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