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Section 43B

Income Tax - Started By: - BHARAT COKING COAL LIMITED - Dated:- 18-10-2016 Last Replied Date:- 18-10-2016 - A particular local levy was being challenged in the Hon'ble High Court by the buyers. On the instruction of the Hon'ble High Court, the same was being collected but not deposited. Since the issue was subjudice the non payment of the local levy was not being disallowed u/s 43B of Income Tax Act. However during FY 15-16, the Hon'ble High Court direct to deposit the local levy. No .....

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