https://www.taxtmi.com/caselaws?id=391636 Service tax collected but not remitted by the due date was treated as a statutory liability falling within section 43B, and the fact that it was not routed through the profit and loss account did not alter that treatment. Section 145A was held not to override section 43B. The assessee's alternative claim succeeded to the extent that the amount was allowable in the year of actual payment. On the brought-forward loss issue, no further interference was required because verification had already been directed in accordance with law. en-us Thu, 30 Jan 2020 00:00:00 +0530 Mon, 03 Feb 2020 12:51:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391636 Service tax collected but not remitted by the due date was treated as a statutory liability falling within section 43B, and the fact that it was not routed through the profit and loss account did not alter that treatment. Section 145A was held not to override section 43B. The assessee's alternative claim succeeded to the extent that the amount was allowable in the year of actual payment. On the brought-forward loss issue, no further interference was required because verification had already been directed in accordance with law. Case-Laws Income Tax Thu, 30 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391636