Deduction for Advance VAT Payment Disallowed u/s 43B; Not Considered "Sum Payable" for Tax Purposes.

Deduction for Advance VAT Payment Disallowed u/s 43B; Not Considered "Sum Payable" for Tax Purposes. https://www.taxtmi.com/highlights?id=30816 CIT(A) had rightly disallowed the deduction claimed U/s 43B of the Act for advance payment of VAT - this advance tax is not covered within the meaning of definition of ‘any sum payable’. - AT en-us Wed, 17 Aug 2016 09:08:27 +0530 Wed, 17 Aug 2016 09:08:27 +0530 TaxTMI RSS Generator Deduction for Advance VAT Payment Disallowed u/s 43B; Not Considered "Sum Payable" for Tax Purposes. https://www.taxtmi.com/highlights?id=30816 CIT(A) had rightly disallowed the deduction claimed U/s 43B of the Act for advance payment of VAT - this advance tax is not covered within the meaning of definition of ‘any sum payable’. - AT Highlights Income Tax Wed, 17 Aug 2016 09:08:27 +0530 https://www.taxtmi.com/highlights?id=30816