https://www.taxtmi.com/caselaws?id=22530 HC upheld the Tribunal's direction that no addition under s. 43B could be made for unpaid Central sales tax of Rs. 1,01,174 where, under the governing statute, the tax was not actually payable within the accounting year. Interpreting the provisos and Explanation to s. 43B as curative and retrospective, HC held that deduction is allowable if the statutory tax liability, which could not practically be paid within the previous year, is discharged before filing the return. The benefit extends beyond AY 1984-85 to subsequent years. The matter was remitted to the Assessing Officer to verify facts and allow deduction accordingly, answering the reference in favour of the assessee. en-us Thu, 20 Dec 1990 00:00:00 +0530 Fri, 05 Dec 2025 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22530 HC upheld the Tribunal's direction that no addition under s. 43B could be made for unpaid Central sales tax of Rs. 1,01,174 where, under the governing statute, the tax was not actually payable within the accounting year. Interpreting the provisos and Explanation to s. 43B as curative and retrospective, HC held that deduction is allowable if the statutory tax liability, which could not practically be paid within the previous year, is discharged before filing the return. The benefit extends beyond AY 1984-85 to subsequent years. The matter was remitted to the Assessing Officer to verify facts and allow deduction accordingly, answering the reference in favour of the assessee. Case-Laws Income Tax Thu, 20 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22530