https://www.taxtmi.com/caselaws?id=14473 Sales tax collected for the last quarter and paid before filing the return was treated as deductible under section 43B of the Income-tax Act, as the first proviso was applied retrospectively. On that basis, the Tribunal was justified in deleting the addition, because the allowance could not be characterised as erroneous or prejudicial to the Revenue merely due to an alternative view on interpretation. The deletion of the addition was upheld and the issue was answered against the Revenue. en-us Wed, 20 Sep 2000 00:00:00 +0530 Thu, 16 Jul 2009 11:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14473 Sales tax collected for the last quarter and paid before filing the return was treated as deductible under section 43B of the Income-tax Act, as the first proviso was applied retrospectively. On that basis, the Tribunal was justified in deleting the addition, because the allowance could not be characterised as erroneous or prejudicial to the Revenue merely due to an alternative view on interpretation. The deletion of the addition was upheld and the issue was answered against the Revenue. Case-Laws Income Tax Wed, 20 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14473