https://www.taxtmi.com/caselaws?id=210837 The court ruled in favor of the assessee on all issues, emphasizing adherence to statutory provisions. It allowed the deduction for belated payment of employees' contribution to ESI and EPF under Section 43B, excluded excise duty and sales tax from total turnover for deduction under Section 80HHC, and permitted the deduction of interest received on overdue bills under Section 80-IA. The court underscored the significance of timely contributions and proper interpretation of tax laws, dismissing the appeal and upholding the assessee's position on all matters. en-us Wed, 20 Jul 2011 00:00:00 +0530 Wed, 22 Feb 2012 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210837 The court ruled in favor of the assessee on all issues, emphasizing adherence to statutory provisions. It allowed the deduction for belated payment of employees' contribution to ESI and EPF under Section 43B, excluded excise duty and sales tax from total turnover for deduction under Section 80HHC, and permitted the deduction of interest received on overdue bills under Section 80-IA. The court underscored the significance of timely contributions and proper interpretation of tax laws, dismissing the appeal and upholding the assessee's position on all matters. Case-Laws Income Tax Wed, 20 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210837