https://www.taxtmi.com/caselaws?id=1751 The court ruled in favor of the Revenue regarding the liability to pay sales tax on the refund received by the assessee. However, the court sided with the assessee on the issue of the provision made in the accounting period relevant to the assessment year 1976-77, stating that since no sales tax was payable as per the court's decision and no actual payment was made, the provision was not chargeable to tax. Consequently, the court rejected the revenue's claim, settling the matter in favor of the assessee. en-us Mon, 03 Sep 2007 00:00:00 +0530 Sun, 14 Sep 2008 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1751 The court ruled in favor of the Revenue regarding the liability to pay sales tax on the refund received by the assessee. However, the court sided with the assessee on the issue of the provision made in the accounting period relevant to the assessment year 1976-77, stating that since no sales tax was payable as per the court's decision and no actual payment was made, the provision was not chargeable to tax. Consequently, the court rejected the revenue's claim, settling the matter in favor of the assessee. Case-Laws Income Tax Mon, 03 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1751