Section 43B disallowance under Income Tax Act

By | December 20, 2018
(Last Updated On: December 24, 2018)

Section 43B disallowance under Income Tax Act

Section 43B of Income Tax Act : Certain deductions to be only on actual payment.

Judgments on Section 43B of Income Tax Act

No reassessment to disallow employee’s PF contribution since disclosure was made in Tax Audit report : HC

No Deduction for Delayed Payment of employees contribution of EPF & ESI as it is not covered in Section 43B :HC

Both Employees and employer contribution to PF covered u/s section 43B

Deduction of Section 43B not allowed for contingent liability

License fee for liquor vending would not fall within section 43B

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