https://www.taxtmi.com/caselaws?id=325825 The Tribunal ruled in favor of the assessee in a case involving double taxation of income received as escalation charges from Chattisgarh State Electricity Board and disallowance of deduction claimed for sales tax and service tax paid under protest. The Tribunal held that income should not be taxed twice and directed relief based on the pending appeal outcome for the assessment year 2008-09. Additionally, deductions under Section 43B are allowable on an actual payment basis, irrespective of whether the payment was made under protest or the liability was recognized in the books of accounts. en-us Thu, 11 Feb 2016 00:00:00 +0530 Wed, 30 Mar 2016 10:10:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325825 The Tribunal ruled in favor of the assessee in a case involving double taxation of income received as escalation charges from Chattisgarh State Electricity Board and disallowance of deduction claimed for sales tax and service tax paid under protest. The Tribunal held that income should not be taxed twice and directed relief based on the pending appeal outcome for the assessment year 2008-09. Additionally, deductions under Section 43B are allowable on an actual payment basis, irrespective of whether the payment was made under protest or the liability was recognized in the books of accounts. Case-Laws Income Tax Thu, 11 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325825