https://www.taxtmi.com/caselaws?id=35762 The court upheld the decision to disallow the claimed loss by fire of Rs. 20,795 as the assessee failed to provide evidence. Additionally, the exemption for the sales tax composition fee of Rs. 1,91,887 was not allowed for the assessment year 1968-69, as the liability to pay sales tax arises when the sale occurs, regardless of when the payment is made. Both issues were decided against the assessee in favor of the revenue, with no costs awarded. en-us Thu, 15 Jan 1981 00:00:00 +0530 Tue, 16 Mar 2010 14:28:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35762 The court upheld the decision to disallow the claimed loss by fire of Rs. 20,795 as the assessee failed to provide evidence. Additionally, the exemption for the sales tax composition fee of Rs. 1,91,887 was not allowed for the assessment year 1968-69, as the liability to pay sales tax arises when the sale occurs, regardless of when the payment is made. Both issues were decided against the assessee in favor of the revenue, with no costs awarded. Case-Laws Income Tax Thu, 15 Jan 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35762