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2015 (2) TMI 587 - HC - Income TaxDisallowance of unpaid service tax u/s 43B - Tribunal deleted the addition - Held that:- Unable to appreciate the grievence of the Revenue as the Delhi High Court in Noble & Hewitt Pvt. Ltd. ( 2007 (9) TMI 238 - DELHI HIGH COURT) has considered both Section 43B of the Act and also the issue of mercantile system of accounting followed by the assessee before it. The revenue is not able to point out why the decision of Delhi High Court requires reconsideration. In our view, the Delhi High Court's decision in Noble & Hewitt Pvt. Ltd. (supra) has correctly held that Section 43B of the Act is a provision for allowing deduction of tax on payment but this can only be triggered if deduction with regard to taxes payable is claimed for arriving at taxable income and the issue raised in this appeal is conclusively covered by this decision above - Decided against revenue.
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