https://www.taxtmi.com/caselaws?id=56177 The Tribunal reversed the CIT(A)'s decision and upheld the Assessing Officer's treatment of Excise Duty collected as trading receipts. The Tribunal denied the deduction under Section 43B of the IT Act until actual payment to the Government account is made. The appeals were allowed in favor of the revenue authorities. en-us Mon, 29 Nov 1999 00:00:00 +0530 Thu, 02 Dec 2010 11:16:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56177 The Tribunal reversed the CIT(A)'s decision and upheld the Assessing Officer's treatment of Excise Duty collected as trading receipts. The Tribunal denied the deduction under Section 43B of the IT Act until actual payment to the Government account is made. The appeals were allowed in favor of the revenue authorities. Case-Laws Income Tax Mon, 29 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56177