https://www.taxtmi.com/caselaws?id=11248 The High Court upheld the disallowance of the deduction under section 43B of the Income-tax Act due to the absence of evidence of actual payment to creditors. It affirmed the Assessing Officer's jurisdiction to make adjustments based on the filed return, dismissing appeals and writ petitions challenging the disallowance and the notice of demand for additional tax. The Court emphasized the requirement of actual payment evidence for claiming deductions and supported the Tribunal's decisions in this regard. en-us Fri, 19 Sep 2003 00:00:00 +0530 Mon, 03 Aug 2009 09:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11248 The High Court upheld the disallowance of the deduction under section 43B of the Income-tax Act due to the absence of evidence of actual payment to creditors. It affirmed the Assessing Officer's jurisdiction to make adjustments based on the filed return, dismissing appeals and writ petitions challenging the disallowance and the notice of demand for additional tax. The Court emphasized the requirement of actual payment evidence for claiming deductions and supported the Tribunal's decisions in this regard. Case-Laws Income Tax Fri, 19 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11248