Friday, April 19, 2019

Sec. 43B won't apply if service tax claimed as an expense wasn't paid by assessee due to non-receipt from customer

IT: SLP dismissed against High Court ruling that where amount on which service tax was payable had not been received by assessee from its clients to whom services were rendered and assessee had claimed unpaid service tax as its liability, same could not be disallowed under section 43B

from www.taxmann.com Latest Case Laws http://bit.ly/2Xsm88b

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