https://www.taxtmi.com/caselaws?id=14852 Kist or rental paid by an excise contractor to the State for the right to vend liquor was treated as consideration for the State's exclusive privilege to grant a lease or licence under excise law, not as tax, duty, cess or fee. Section 43B applies only to liabilities of that kind, and the phrase "by whatever name called" does not extend it to every statutory payment. Lease money or rent payable under the excise regime therefore falls outside section 43B and cannot be disallowed merely for non-payment. en-us Wed, 05 Jan 2000 00:00:00 +0530 Thu, 23 Jul 2009 16:18:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14852 Kist or rental paid by an excise contractor to the State for the right to vend liquor was treated as consideration for the State's exclusive privilege to grant a lease or licence under excise law, not as tax, duty, cess or fee. Section 43B applies only to liabilities of that kind, and the phrase "by whatever name called" does not extend it to every statutory payment. Lease money or rent payable under the excise regime therefore falls outside section 43B and cannot be disallowed merely for non-payment. Case-Laws Income Tax Wed, 05 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14852