https://www.taxtmi.com/caselaws?id=61874 The appeal by an assessee firm regarding the disallowance of a provision for purchase tax payable to the Coffee Board for the assessment year 1986-87 was allowed. The Tribunal held that the provision for purchase tax was not a tax liability on the assessee but on the Coffee Board. Additionally, the contingency deposit imposed by the Coffee Board was deemed not applicable to the assessee under section 43B of the Income-tax Act as the tax liability was on the Board, not on subsequent sales. en-us Thu, 19 Jan 1995 00:00:00 +0530 Sat, 15 Jan 2011 17:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61874 The appeal by an assessee firm regarding the disallowance of a provision for purchase tax payable to the Coffee Board for the assessment year 1986-87 was allowed. The Tribunal held that the provision for purchase tax was not a tax liability on the assessee but on the Coffee Board. Additionally, the contingency deposit imposed by the Coffee Board was deemed not applicable to the assessee under section 43B of the Income-tax Act as the tax liability was on the Board, not on subsequent sales. Case-Laws Income Tax Thu, 19 Jan 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61874