https://www.taxtmi.com/caselaws?id=2883 The Tribunal upheld the disallowance of interest on outstanding sales-tax under Section 43B, citing legal precedent that interest forms part of the tax liability. Adjustments made under Section 143(1)(a) were deemed appropriate, not falling outside the scope of prima facie adjustments. The Tribunal's decision was supported by legal framework and precedents, concluding the Assessing Officer's actions were justified. The High Court ruled against the assessee and in favor of the Revenue based on these findings. en-us Fri, 25 Aug 2006 00:00:00 +0530 Wed, 12 Mar 2014 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2883 The Tribunal upheld the disallowance of interest on outstanding sales-tax under Section 43B, citing legal precedent that interest forms part of the tax liability. Adjustments made under Section 143(1)(a) were deemed appropriate, not falling outside the scope of prima facie adjustments. The Tribunal's decision was supported by legal framework and precedents, concluding the Assessing Officer's actions were justified. The High Court ruled against the assessee and in favor of the Revenue based on these findings. Case-Laws Income Tax Fri, 25 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2883