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2014 (6) TMI 182 - ITAT MUMBAIDeduction u/s 43B against payment of past dues - Relevant Financial year - payment of service-tax and sales-tax – Held that;- The extended period for paying any sum covered u/s 43B is only in respect of the sums for which the liability arises during the relevant previous year, so that even if not paid during the year but by the date of furnishing the return for that year, deduction in its respect, notwithstanding the prescription of section 43B, i.e., actual payment, would hold – it would apply only to the sums pertaining to the FY 2007- 08, the PY relevant to A.Y. 2008-09 - the entire liability relates to a period/s prior to FY 2007-08 – thus, it would be allowed only in the year of payment, and which happens to be the PY relevant to the current AY – there was no merit in the revenue’s appeal – Decided against Revenue.
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