https://www.taxtmi.com/caselaws?id=14753 Section 263 revision is confined to the disputed unpaid liability where the assessee had already discharged the major part before filing the return. The inserted Explanation 2 to section 43B is treated as clarificatory and therefore operates retrospectively, because it explains the existing law rather than changing it. Sales tax actually paid before the return date cannot be disallowed under section 43B merely because it remained outstanding at year-end, so pre-return payment receives the statutory benefit. en-us Thu, 20 Jan 2000 00:00:00 +0530 Sat, 18 Jul 2009 14:49:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14753 Section 263 revision is confined to the disputed unpaid liability where the assessee had already discharged the major part before filing the return. The inserted Explanation 2 to section 43B is treated as clarificatory and therefore operates retrospectively, because it explains the existing law rather than changing it. Sales tax actually paid before the return date cannot be disallowed under section 43B merely because it remained outstanding at year-end, so pre-return payment receives the statutory benefit. Case-Laws Income Tax Thu, 20 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14753