https://www.taxtmi.com/caselaws?id=17739 The High Court held that the Tribunal incorrectly interpreted Section 43B of the Income-tax Act, 1961. The deduction claimed by the assessee for sales tax liability not paid within the accounting year was rightly disallowed. The court emphasized the strict nature of the provision, ruling in favor of the Revenue and against the assessee. en-us Mon, 15 Apr 1996 00:00:00 +0530 Thu, 24 Sep 2009 14:05:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17739 The High Court held that the Tribunal incorrectly interpreted Section 43B of the Income-tax Act, 1961. The deduction claimed by the assessee for sales tax liability not paid within the accounting year was rightly disallowed. The court emphasized the strict nature of the provision, ruling in favor of the Revenue and against the assessee. Case-Laws Income Tax Mon, 15 Apr 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17739