https://www.taxtmi.com/caselaws?id=22874 The High Court ruled in favor of the non-resident company, allowing the deduction claim for a tax liability under the void Assam Taxation Act, 1954 for the assessment year 1976-77. The Court held that all assessments under the void Act were void ab initio, and the only valid order fixing the liability was made in 1975. Emphasizing statutory provisions over accounting entries, the Court concluded that the deduction was admissible in the year the liability became enforceable, i.e., 1976-77. The decision favored the assessee, highlighting the importance of enforceability of statutory liabilities for deduction claims under the Income-tax Act. en-us Wed, 31 Oct 1990 00:00:00 +0530 Mon, 14 Dec 2009 17:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22874 The High Court ruled in favor of the non-resident company, allowing the deduction claim for a tax liability under the void Assam Taxation Act, 1954 for the assessment year 1976-77. The Court held that all assessments under the void Act were void ab initio, and the only valid order fixing the liability was made in 1975. Emphasizing statutory provisions over accounting entries, the Court concluded that the deduction was admissible in the year the liability became enforceable, i.e., 1976-77. The decision favored the assessee, highlighting the importance of enforceability of statutory liabilities for deduction claims under the Income-tax Act. Case-Laws Income Tax Wed, 31 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22874