https://www.taxtmi.com/caselaws?id=181208 The Tribunal found that recovery by the Government through adjustment from grants is allowable under section 43B of the Income-tax Act 1961 for the assessment year 2006-2007 regarding unpaid electricity duty and tax on sale of electricity. The Assessing Officer was directed to verify payment dates and entries in the books of accounts, with payments made before filing the return to be allowed. The matter was remanded to the Assessing Officer for verification, with the appeal by the Revenue being partly allowed for statistical purposes. en-us Fri, 08 Apr 2011 00:00:00 +0530 Sat, 09 Apr 2016 13:51:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181208 The Tribunal found that recovery by the Government through adjustment from grants is allowable under section 43B of the Income-tax Act 1961 for the assessment year 2006-2007 regarding unpaid electricity duty and tax on sale of electricity. The Assessing Officer was directed to verify payment dates and entries in the books of accounts, with payments made before filing the return to be allowed. The matter was remanded to the Assessing Officer for verification, with the appeal by the Revenue being partly allowed for statistical purposes. Case-Laws Income Tax Fri, 08 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181208