https://www.taxtmi.com/caselaws?id=57450 The Tribunal dismissed the revenue's appeal and partially allowed the cross objection of the assessee in a case involving disallowance under sec. 43B. The dispute centered on the treatment of various liabilities, including sales tax collections, surcharge, turnover tax, central sales tax, and provident fund contribution. The Tribunal emphasized harmonious interpretation of the first proviso and Explanation 2 to sec. 43B, ultimately upholding the disallowance of provident fund contribution while setting aside a portion of the disallowed amount. en-us Wed, 10 Oct 1990 00:00:00 +0530 Fri, 10 Dec 2010 12:18:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57450 The Tribunal dismissed the revenue's appeal and partially allowed the cross objection of the assessee in a case involving disallowance under sec. 43B. The dispute centered on the treatment of various liabilities, including sales tax collections, surcharge, turnover tax, central sales tax, and provident fund contribution. The Tribunal emphasized harmonious interpretation of the first proviso and Explanation 2 to sec. 43B, ultimately upholding the disallowance of provident fund contribution while setting aside a portion of the disallowed amount. Case-Laws Income Tax Wed, 10 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57450