https://www.taxtmi.com/caselaws?id=28526 The court ruled in favor of the assessee, holding that the amount of sales tax collected but not paid should not be taxed as income for the assessment year 1968-69. The court emphasized the obligation to pay tax when sales subject to tax are made, noting the accounting system followed by the assessee. The court distinguished relevant precedents and directed the Commissioner to bear the costs of the reference. en-us Fri, 09 Jul 1982 00:00:00 +0530 Tue, 23 Feb 2010 13:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28526 The court ruled in favor of the assessee, holding that the amount of sales tax collected but not paid should not be taxed as income for the assessment year 1968-69. The court emphasized the obligation to pay tax when sales subject to tax are made, noting the accounting system followed by the assessee. The court distinguished relevant precedents and directed the Commissioner to bear the costs of the reference. Case-Laws Income Tax Fri, 09 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28526