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Income Tax - Highlights / Catch Notes

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Deduction of expenditure after actual payment u/s 43B - ...


High Court Rules Section 43B of Income Tax Act Doesn't Apply to Electricity Duty Under Bengal Electricity Duty Act, 1935.

May 26, 2015

Case Laws     Income Tax     HC

Deduction of expenditure after actual payment u/s 43B - Provision of Section 43B of the Income Tax Act does not apply to the electricity duty collected by the licensee/assessee as per provisions of the Bengal Electricity Duty Act, 1935. - HC

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