https://www.taxtmi.com/caselaws?id=11334 The High Court upheld the Tribunal's decision to allow the assessee's claim for liability of Rs. 1,27,058 pertaining to sales tax demands for the accounting years 1975-76 and 1976-77 in the assessment year 1983-84. The Court emphasized that as the demand was raised in 1983-84, the allowance for the sales tax liability was deemed appropriate for that assessment year, despite the subsequent quashing of the demand. The decision favored the assessee, and the reference was disposed of accordingly. en-us Fri, 07 Mar 2003 00:00:00 +0530 Thu, 06 Aug 2009 19:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11334 The High Court upheld the Tribunal's decision to allow the assessee's claim for liability of Rs. 1,27,058 pertaining to sales tax demands for the accounting years 1975-76 and 1976-77 in the assessment year 1983-84. The Court emphasized that as the demand was raised in 1983-84, the allowance for the sales tax liability was deemed appropriate for that assessment year, despite the subsequent quashing of the demand. The decision favored the assessee, and the reference was disposed of accordingly. Case-Laws Income Tax Fri, 07 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11334