https://www.taxtmi.com/caselaws?id=412529 The court ruled in favor of the appellant, allowing the deduction for the sales tax set off under Section 43B of the Income Tax Act for Assessment Year 1988-89. The court held that the set off amount was deemed as paid due to the legal fiction created by the entitlement to set off, making it eligible for deduction under Section 43B. The appeal was admitted based on substantial questions of law, and the court framed questions regarding the disallowance of the set off. en-us Thu, 16 Sep 2021 00:00:00 +0530 Wed, 17 Nov 2021 12:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412529 The court ruled in favor of the appellant, allowing the deduction for the sales tax set off under Section 43B of the Income Tax Act for Assessment Year 1988-89. The court held that the set off amount was deemed as paid due to the legal fiction created by the entitlement to set off, making it eligible for deduction under Section 43B. The appeal was admitted based on substantial questions of law, and the court framed questions regarding the disallowance of the set off. Case-Laws Income Tax Thu, 16 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412529