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Deduction for Advance VAT Payment Disallowed u/s 43B; Not Considered "Sum Payable" for Tax Purposes.

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....CIT(A) had rightly disallowed the deduction claimed U/s 43B of the Act for advance payment of VAT - this advance tax is not covered within the meaning of definition of ‘any sum payable’. - AT....

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Deduction for Advance VAT Payment Disallowed u/s 43B; Not Considered "Sum Payable" for Tax Purposes.