2010 (12) TMI 933

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....; 2. The issue involved in these appeals is whether the circular issued by the State of Bihar in relation to the scheme for deferred payment of the sales tax would be valid for the purposes of giving concession to the assessee under section 43B of the Income-tax Act, 1961. The Tribunal has concluded in favour of the assessees observing that the circular issued by the State Government will be su....