Court Disallows Electricity Duty Deduction; Payment Not "Genuinely Paid" u/s 43B Due to Inaccessible Deposit.

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....Addition u/s 43B - deduction of payment of electricity duty disallowed - while it may be correct to say that the Assessee ‘paid’ the amount in dispute, it paid it only into an account from which the State Government could not withdraw the amount. - the net result is no different from the kind of payment made by the Assessee in the aforementioned two cases by furnishing bank guarantees in lieu of such disputed payment of duty.- HC....