https://www.taxtmi.com/caselaws?id=55202 Sales tax for the last quarter, if actually paid before the due date for furnishing the return under section 139(1), remains deductible and is not disallowable under section 43B merely because payment was made after the close of the accounting year. The first proviso to section 43B was intended to remove hardship where statutory liabilities, including last-quarter sales tax, are discharged before return filing, and that legislative purpose is not defeated by the later insertion of Explanation 2. Reading the proviso and Explanation 2 harmoniously, the payment qualified for deduction and the disallowance was unsustainable. en-us Fri, 22 Sep 1989 00:00:00 +0530 Wed, 24 Nov 2010 15:00:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55202 Sales tax for the last quarter, if actually paid before the due date for furnishing the return under section 139(1), remains deductible and is not disallowable under section 43B merely because payment was made after the close of the accounting year. The first proviso to section 43B was intended to remove hardship where statutory liabilities, including last-quarter sales tax, are discharged before return filing, and that legislative purpose is not defeated by the later insertion of Explanation 2. Reading the proviso and Explanation 2 harmoniously, the payment qualified for deduction and the disallowance was unsustainable. Case-Laws Income Tax Fri, 22 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55202