https://www.taxtmi.com/caselaws?id=17460 The High Court of Madhya Pradesh ruled in favor of the assessee concerning the interpretation of section 43B of the Income-tax Act, 1961, allowing the deduction of sales tax and entry tax paid before the due date for filing the return for the assessment year 1984-85. The court held that the amended provisions of section 43B were retrospective from April 1, 1984, emphasizing the principle of finality in legal proceedings. Referring to previous decisions, the court decided against the Department, highlighting the importance of not reactivating stale issues. en-us Wed, 01 May 1996 00:00:00 +0530 Tue, 22 Sep 2009 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17460 The High Court of Madhya Pradesh ruled in favor of the assessee concerning the interpretation of section 43B of the Income-tax Act, 1961, allowing the deduction of sales tax and entry tax paid before the due date for filing the return for the assessment year 1984-85. The court held that the amended provisions of section 43B were retrospective from April 1, 1984, emphasizing the principle of finality in legal proceedings. Referring to previous decisions, the court decided against the Department, highlighting the importance of not reactivating stale issues. Case-Laws Income Tax Wed, 01 May 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17460