https://www.taxtmi.com/caselaws?id=21791 Excise duty liability covered by show-cause-cum-demand notices served within the relevant accounting year was treated as accrued and therefore deductible in the assessment year 1980-81. The Calcutta High Court applied its earlier ruling in CIT v. Century Enka Ltd. and accepted that service of such notices during the accounting year fixes the liability for deduction purposes. On that basis, the Tribunal's view allowing the deduction was upheld, and the referred question was answered in favour of the assessee. en-us Mon, 24 Jun 1991 00:00:00 +0530 Tue, 01 Dec 2009 12:51:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21791 Excise duty liability covered by show-cause-cum-demand notices served within the relevant accounting year was treated as accrued and therefore deductible in the assessment year 1980-81. The Calcutta High Court applied its earlier ruling in CIT v. Century Enka Ltd. and accepted that service of such notices during the accounting year fixes the liability for deduction purposes. On that basis, the Tribunal's view allowing the deduction was upheld, and the referred question was answered in favour of the assessee. Case-Laws Income Tax Mon, 24 Jun 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21791