https://www.taxtmi.com/caselaws?id=58324 The Tribunal held that the firm, acting as an agent for Merchant Manufacturers, was not liable for excise duty and had fulfilled its obligations as per the Supreme Court order. The disallowance u/s 43B was unjustified, and the appeals were allowed. The Tribunal directed the Assessing Officer to recompute income for all assessment years. en-us Fri, 26 Mar 1993 00:00:00 +0530 Sat, 18 Dec 2010 14:25:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58324 The Tribunal held that the firm, acting as an agent for Merchant Manufacturers, was not liable for excise duty and had fulfilled its obligations as per the Supreme Court order. The disallowance u/s 43B was unjustified, and the appeals were allowed. The Tribunal directed the Assessing Officer to recompute income for all assessment years. Case-Laws Income Tax Fri, 26 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58324