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of <h1>Revenue concedes appeal; interpretation of ss. 43B and 145A and disallowance of custom duty for stock discrepancy upheld</h1> <h3>The Principal Commissioner Of Income Tax 6 (Formerly Commissioner Of Income Tax Ii) Versus Maruti Suzuki India Limited (Formerly Maruti Udyog Ltd.).</h3> SC dismissed the revenue's appeal against the Delhi HC judgment concerning interpretation of ss. 43B and 145A and the disallowance of custom duty paid for ... Interpretation of sections 43B and 145A - Disallowance u/s 43B being the amount of custom duty paid on account of discrepancy in the stock register - Disallowance u/s 43B being the amount of custom duty paid on account of discrepancy in the stock register Revenue is in appeal against the judgment passed by the High Court of Delhi in [2017 (12) TMI 1901 - DELHI HIGH COURT] Revenue fairly submitted that in view of the concession made earlier in [2025 (4) TMI 1366 - SC ORDER] between the same parties for the earlier Assessment Year, he does not wish to press the present appeal. The appeal is accordingly dismissed. Revenue appealed against the High Court of Delhi judgment dated 07.12.2017 in I.T.A. No. 976 of 2005. The learned Additional Solicitor General, appearing for Revenue, 'fairly submitted that in view of the concession made earlier in Civil Appeal No. 11919 of 2018 between the same parties for the earlier Assessment Year, he does not wish to press the present appeal.' In light of that concession and the representative counsel's submission, the appeal was dismissed. The operative disposition is the dismissal of Revenue's appeal for want of pressing the appeal, on the basis of the prior concession.
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