https://www.taxtmi.com/caselaws?id=415189 The court concluded that the agricultural income tax paid under Act 1991 cannot be deducted under Section 43B of the Central Act. The appeals were dismissed, upholding the Tribunal's findings in favor of the revenue. The court found the assessee's arguments unsustainable, emphasizing that agricultural income tax is not "otherwise allowable" for deduction under the Central Act. The obligation to file separate returns under both Acts was affirmed, and the revenue's right to appeal in subsequent years, despite non-appeal in previous cases, was recognized. en-us Mon, 27 Sep 2021 00:00:00 +0530 Sat, 27 Nov 2021 20:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415189 The court concluded that the agricultural income tax paid under Act 1991 cannot be deducted under Section 43B of the Central Act. The appeals were dismissed, upholding the Tribunal's findings in favor of the revenue. The court found the assessee's arguments unsustainable, emphasizing that agricultural income tax is not "otherwise allowable" for deduction under the Central Act. The obligation to file separate returns under both Acts was affirmed, and the revenue's right to appeal in subsequent years, despite non-appeal in previous cases, was recognized. Case-Laws Income Tax Mon, 27 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415189