https://www.taxtmi.com/caselaws?id=434280 Amounts collected by an assessee merely as an agent under a statutory obligation to remit them to the Government do not constitute a liability payable by the assessee by way of tax, duty or fee for section 43B purposes. Electricity duty collected under the Electricity Duty Act and credited to the State in that capacity was therefore outside the scope of section 43B disallowance. Applying consistency with earlier orders in the assessee's own case, the same view was followed for the year under consideration, and the disallowance was not sustained. en-us Thu, 09 Feb 2023 00:00:00 +0530 Mon, 20 Feb 2023 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434280 Amounts collected by an assessee merely as an agent under a statutory obligation to remit them to the Government do not constitute a liability payable by the assessee by way of tax, duty or fee for section 43B purposes. Electricity duty collected under the Electricity Duty Act and credited to the State in that capacity was therefore outside the scope of section 43B disallowance. Applying consistency with earlier orders in the assessee's own case, the same view was followed for the year under consideration, and the disallowance was not sustained. Case-Laws Income Tax Thu, 09 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434280