https://www.taxtmi.com/caselaws?id=178819 The deductibility of a contribution to the cooperative education fund turned on whether it was in the nature of tax, duty, cess or fee for section 43B purposes. The Court noted that the Tribunal had not examined this foundational characterisation, which was central to deciding whether the amount was allowable only on actual payment basis or could be claimed on accrual basis. The matter was therefore remitted to the Tribunal for fresh consideration of the applicability of section 43B and the true nature of the contribution. en-us Tue, 14 Dec 2004 00:00:00 +0530 Sat, 13 Feb 2016 10:08:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178819 The deductibility of a contribution to the cooperative education fund turned on whether it was in the nature of tax, duty, cess or fee for section 43B purposes. The Court noted that the Tribunal had not examined this foundational characterisation, which was central to deciding whether the amount was allowable only on actual payment basis or could be claimed on accrual basis. The matter was therefore remitted to the Tribunal for fresh consideration of the applicability of section 43B and the true nature of the contribution. Case-Laws Income Tax Tue, 14 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178819