Treatment of unutilised MODVAT credit, balance as at the end of ...

Unutilized MODVAT credit and advance excise duty payments in PLA qualify for deduction u/s 43B.

January 21, 2019

Case Laws Income Tax HC

Treatment of unutilised MODVAT credit, balance as at the end of the year as payment of excise duty - Deduction u/s 43B - Excise duty paid in advance in the Personal Ledger Account (PLA) - Benefit of deduction allowed.

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Treatment of unutilised MODVAT credit, balance as at the end of ...

Unutilized MODVAT credit and advance excise duty payments in PLA qualify for deduction u/s 43B.

January 21, 2019

Case Laws Income Tax HC

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