https://www.taxtmi.com/caselaws?id=26384 HC allowed the petition, holding the assessee was entitled to deduction for customs and excise duties in the accounting year 1983 because the liabilities were incurred and paid in 1983, so the proviso in section 43B did not bar deduction. The Income-tax Officer failed to discharge statutory duty under s.141A in making a proper provisional assessment; the six-month delay could not be used to defeat relief. Any refund wrongly granted can be adjusted under s.141A(4), and provisional assessment does not prejudice issues in the regular assessment under s.141A(5). en-us Mon, 31 Mar 1986 00:00:00 +0530 Wed, 29 Oct 2025 23:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26384 HC allowed the petition, holding the assessee was entitled to deduction for customs and excise duties in the accounting year 1983 because the liabilities were incurred and paid in 1983, so the proviso in section 43B did not bar deduction. The Income-tax Officer failed to discharge statutory duty under s.141A in making a proper provisional assessment; the six-month delay could not be used to defeat relief. Any refund wrongly granted can be adjusted under s.141A(4), and provisional assessment does not prejudice issues in the regular assessment under s.141A(5). Case-Laws Income Tax Mon, 31 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26384