https://www.taxtmi.com/caselaws?id=57428 The Tribunal concluded that the amounts of entry tax and turnover tax claimed as deductions were payable but not actually paid during the previous year, falling within the scope of Section 43B of the Income-tax Act, 1961. As a result, the deductions were rightly disallowed, and the appeals were dismissed, affirming the decisions of the departmental authorities. The Tribunal's ruling aligned with Supreme Court principles and the legislative intent behind Section 43B to mandate actual payment of taxes and duties for deductions. en-us Fri, 26 Jun 1987 00:00:00 +0530 Fri, 10 Dec 2010 11:32:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57428 The Tribunal concluded that the amounts of entry tax and turnover tax claimed as deductions were payable but not actually paid during the previous year, falling within the scope of Section 43B of the Income-tax Act, 1961. As a result, the deductions were rightly disallowed, and the appeals were dismissed, affirming the decisions of the departmental authorities. The Tribunal's ruling aligned with Supreme Court principles and the legislative intent behind Section 43B to mandate actual payment of taxes and duties for deductions. Case-Laws Income Tax Fri, 26 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57428