https://www.taxtmi.com/caselaws?id=247930 The Court upheld the Income Tax Settlement Commission's decision to deny the petitioner's plea for excise duty deduction under Section 43B in a challenge to the rectification of an earlier order. The Commission's calculation of undisclosed income, without including the excise duty amount, was deemed appropriate. The Court found no patent illegality in the Commission's order and dismissed the petition, affirming the Commission's decision on excise duty benefit and undisclosed income calculation. en-us Mon, 19 May 2014 00:00:00 +0530 Tue, 27 May 2014 13:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247930 The Court upheld the Income Tax Settlement Commission's decision to deny the petitioner's plea for excise duty deduction under Section 43B in a challenge to the rectification of an earlier order. The Commission's calculation of undisclosed income, without including the excise duty amount, was deemed appropriate. The Court found no patent illegality in the Commission's order and dismissed the petition, affirming the Commission's decision on excise duty benefit and undisclosed income calculation. Case-Laws Income Tax Mon, 19 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247930