https://www.taxtmi.com/caselaws?id=63417 The Income-tax Appellate Tribunal (ITAT) allowed the appellant company's claim for the differential sales tax liability of Rs. 13,68,680 for the assessment year 1982-83, emphasizing that the liability accrues in the year of the transaction and can be deducted even if not paid to tax authorities. Additionally, the ITAT overturned the disallowance of car expenses and depreciation amounting to Rs. 20,051 and Rs. 3,164, respectively, as the personal use of the car by directors was not authorized as a term of employment, leading to a favorable outcome for the appellant in both issues. en-us Wed, 28 Feb 1990 00:00:00 +0530 Sat, 29 Jan 2011 18:23:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63417 The Income-tax Appellate Tribunal (ITAT) allowed the appellant company's claim for the differential sales tax liability of Rs. 13,68,680 for the assessment year 1982-83, emphasizing that the liability accrues in the year of the transaction and can be deducted even if not paid to tax authorities. Additionally, the ITAT overturned the disallowance of car expenses and depreciation amounting to Rs. 20,051 and Rs. 3,164, respectively, as the personal use of the car by directors was not authorized as a term of employment, leading to a favorable outcome for the appellant in both issues. Case-Laws Income Tax Wed, 28 Feb 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63417