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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Deduction u/s 43B - once excise duty on the basis of goods ...


Excise Duty Deduction u/s 43B Allowed After Payment, Irrespective of Liability or Goods Removal Timing.

March 30, 2019

Case Laws     Income Tax     HC

Deduction u/s 43B - once excise duty on the basis of goods manufactured is paid same is allowable, direct correlation between the duty paid and the goods manufactured or liability to pay excise duty or removal of goods are irrelevant

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