https://www.taxtmi.com/caselaws?id=282910 The Appellate Tribunal allowed the appeal of the assessee, setting aside the Commissioner of Income-tax(A)'s order. The Tribunal held that since the assessee did not claim statutory dues as business expenditure in the Profit and Loss Account, section 43B of the IT Act was not applicable. Consequently, the disallowance made by the Assessing Officer under section 43B was directed to be deleted. The decision was pronounced on 12th August 2016. en-us Fri, 12 Aug 2016 00:00:00 +0530 Sat, 31 Aug 2019 07:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282910 The Appellate Tribunal allowed the appeal of the assessee, setting aside the Commissioner of Income-tax(A)'s order. The Tribunal held that since the assessee did not claim statutory dues as business expenditure in the Profit and Loss Account, section 43B of the IT Act was not applicable. Consequently, the disallowance made by the Assessing Officer under section 43B was directed to be deleted. The decision was pronounced on 12th August 2016. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282910