https://www.taxtmi.com/caselaws?id=14385 The High Court of Delhi ruled that a sales tax liability cannot be claimed as a deduction in computing income for the assessment year 1977-78 if it has been nullified by a Supreme Court order. The court held that the liability should only be allowed as a deduction in the year it crystallizes due to a new order by the Sales Tax Officer in compliance with the Supreme Court's directions. Consequently, the court rejected the firm's claim for the deduction, siding with the Revenue on the matter. en-us Mon, 08 Jan 2001 00:00:00 +0530 Wed, 15 Jul 2009 15:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14385 The High Court of Delhi ruled that a sales tax liability cannot be claimed as a deduction in computing income for the assessment year 1977-78 if it has been nullified by a Supreme Court order. The court held that the liability should only be allowed as a deduction in the year it crystallizes due to a new order by the Sales Tax Officer in compliance with the Supreme Court's directions. Consequently, the court rejected the firm's claim for the deduction, siding with the Revenue on the matter. Case-Laws Income Tax Mon, 08 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14385