https://www.taxtmi.com/caselaws?id=14169 Kist payable by an excise contractor to the Government was held not to have the character of duty or tax, so the unpaid amount outstanding at the end of the accounting year did not fall within section 43B of the Income-tax Act, 1961. The provision applies only to specified statutory liabilities, and the described kist was outside its scope. The reference was therefore answered in favour of the assessee and against the Revenue. en-us Mon, 21 Feb 2000 00:00:00 +0530 Tue, 14 Jul 2009 12:04:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14169 Kist payable by an excise contractor to the Government was held not to have the character of duty or tax, so the unpaid amount outstanding at the end of the accounting year did not fall within section 43B of the Income-tax Act, 1961. The provision applies only to specified statutory liabilities, and the described kist was outside its scope. The reference was therefore answered in favour of the assessee and against the Revenue. Case-Laws Income Tax Mon, 21 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14169