cash basis

  • ICAI

ICAI Guidance Note on Accrual basis of accounting 2021

ICAI Guidance Note on Accrual basis of accounting 2021. The importance of Accrual basis of accounting assumes importance as one…

3 years ago
  • Income Tax

TDS deposited before filing ITR allowable u/s 43B despite following cash method of accounting

TDS deposited before filing ITR is allowable u/s 43B despite assessee following cash method of accounting ABCAUS Case Law Citation:ABCAUS…

4 years ago
  • Income Tax

TDS payable as at year end is allowable expenditure in cash basis of accounting – ITAT

TDS payable as at year end is allowable expenditure in cash basis of accounting. it can not be said that…

5 years ago
  • Income Tax

TDS credit on conflict of cash and accrual accounting-Judicial View

TDS credit on conflict of cash and accrual accounting. ITAT following High Court allowed proportionate TDS when TDS only was…

6 years ago