https://www.taxtmi.com/caselaws?id=23065 The High Court declined to answer the question referred by the Income-tax Appellate Tribunal regarding the taxation of unpaid tax collected in the last month of the previous year under section 43B of the Income-tax Act, 1961. The Court emphasized the importance of applying the amended provisions of section 43B and Explanation 2 to determine the tax treatment of such unpaid amounts and directed the Tribunal to reexamine the appeals in light of the amended law. en-us Mon, 17 Sep 1990 00:00:00 +0530 Wed, 16 Dec 2009 13:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23065 The High Court declined to answer the question referred by the Income-tax Appellate Tribunal regarding the taxation of unpaid tax collected in the last month of the previous year under section 43B of the Income-tax Act, 1961. The Court emphasized the importance of applying the amended provisions of section 43B and Explanation 2 to determine the tax treatment of such unpaid amounts and directed the Tribunal to reexamine the appeals in light of the amended law. Case-Laws Income Tax Mon, 17 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23065