Court allows deduction for disputed Electricity Board dues

The High Court of Allahabad upheld the Tribunal's decision in a 2003 case, ruling that an assessee can claim deduction for dues demanded by the Electricity Board, even if disputed, as long as they are ascertained against the income for the relevant assessment year.

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The High Court of Allahabad ruled in a 2003 case that an assessee can claim deduction for dues demanded by the Electricity Board, even if disputed, as long as they are ascertained against the income for the relevant assessment year. The Tribunal's decision was upheld in favor of the assessee.

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