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1987 (5) TMI 14 - HC - Income TaxExtract: ....... concluded that an assessee who maintains regularly the mercantile system of accounts can claim deduction in the year when the liability to the sales tax was finally determined by the Sales Tax Tribunal in second appeal. In the result, the question is answered in favour of the assessee. There shall be no order as to costs. R. C. PATNAIK J.-I agree.
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