High Court Denies Sales Tax Liability Claim Due to Unjustified Transfers; Deduction Not Allowed for Assessment Year.

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....Claim of sales tax liability for earlier years - Accrual of liability - assessee had failed to justify how the amounts claimed were transferred to the recoverable account when these were not the liability of the assessment year in question and they were not paid or were payable in this year. - Deduction not allowed - HC....