https://www.taxtmi.com/caselaws?id=431469 The Tribunal partly allowed the appeal of the assessee, directing the Assessing Officer to delete the additions made. It held that the disallowance of deduction for exercise duty and service tax was not justified as the assessee had complied with indirect taxation provisions and claimed the amounts as business expenditure under commercial expediency. The Tribunal emphasized that the liability to pay service tax and excise duty rested with the assessee, making the payments admissible deductions under the law. en-us Mon, 12 Dec 2022 00:00:00 +0530 Tue, 13 Dec 2022 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431469 The Tribunal partly allowed the appeal of the assessee, directing the Assessing Officer to delete the additions made. It held that the disallowance of deduction for exercise duty and service tax was not justified as the assessee had complied with indirect taxation provisions and claimed the amounts as business expenditure under commercial expediency. The Tribunal emphasized that the liability to pay service tax and excise duty rested with the assessee, making the payments admissible deductions under the law. Case-Laws Income Tax Mon, 12 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431469