form 3CD income tax audit

[Guest]

sec-43B, payment on actual basis

how is payment date evaluated.

please show law supportings in this favour.

[DR.MARIAPPAN GOVINDARAJAN]

Whether you have got clarified in the above issue? If not please inform.

AI Summary

Section 43B payment timing: determining the actual payment date for deduction eligibility under tax audit. The central operative issue is whether deductions governed by Section 43B are allowable only on an actual payment basis and how the date of payment is to be evaluated for Form 3CD income tax audit purposes, with a request for legal authorities and evidentiary criteria to establish the payment date.