https://www.taxtmi.com/caselaws?id=21630 The High Court directed the matter back to the Tribunal to reconsider the disallowed deduction in light of Explanation 2 of section 43B, which disallows deductions for sums not paid during the relevant accounting year. The Court emphasized the first proviso to section 43B, allowing deduction if payment was made before filing returns for the relevant period, providing benefit to the assessee if payment was made before the due date and proof furnished. The Tribunal was instructed to consider these provisions and grant benefit to the assessee accordingly. en-us Thu, 20 Jun 1991 00:00:00 +0530 Thu, 26 Nov 2009 11:44:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21630 The High Court directed the matter back to the Tribunal to reconsider the disallowed deduction in light of Explanation 2 of section 43B, which disallows deductions for sums not paid during the relevant accounting year. The Court emphasized the first proviso to section 43B, allowing deduction if payment was made before filing returns for the relevant period, providing benefit to the assessee if payment was made before the due date and proof furnished. The Tribunal was instructed to consider these provisions and grant benefit to the assessee accordingly. Case-Laws Income Tax Thu, 20 Jun 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21630