https://www.taxtmi.com/caselaws?id=328384 The ITAT Ahmedabad upheld the CIT(A)'s decision to delete the disallowance of excise duty under section 43B for the assessment year 2009-10. The ITAT emphasized the importance of demand notices in determining liability accrual and cited legal precedents supporting deduction of statutory liabilities in the payment year. The ITAT dismissed the Revenue's appeal, noting the absence of contrary binding decisions and the precedent set in the appellant's case for A.Y. 2008-09, affirming the deletion of the disallowance. en-us Tue, 03 May 2016 00:00:00 +0530 Thu, 02 Jun 2016 15:36:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328384 The ITAT Ahmedabad upheld the CIT(A)'s decision to delete the disallowance of excise duty under section 43B for the assessment year 2009-10. The ITAT emphasized the importance of demand notices in determining liability accrual and cited legal precedents supporting deduction of statutory liabilities in the payment year. The ITAT dismissed the Revenue's appeal, noting the absence of contrary binding decisions and the precedent set in the appellant's case for A.Y. 2008-09, affirming the deletion of the disallowance. Case-Laws Income Tax Tue, 03 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328384