https://www.taxtmi.com/news?id=144 Where excise duty became payable on manufacture and the assessee deposited the sum into the non refundable account current, that deposit constituted an expense of the year of manufacture and qualified for deduction despite not being debited to profit and loss or sales accounts. en-us Thu, 04 Oct 2007 04:32:00 +0530 Wed, 25 Jun 2008 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=144 Where excise duty became payable on manufacture and the assessee deposited the sum into the non refundable account current, that deposit constituted an expense of the year of manufacture and qualified for deduction despite not being debited to profit and loss or sales accounts. News - Thu, 04 Oct 2007 04:32:00 +0530 https://www.taxtmi.com/news?id=144