Disallowance u/s 43B - outstanding municipal tax liability - the ...

Section 43B Inapplicable: Assessee's Role as State's Tax Collector Excludes Outstanding Municipal Tax Liability from Disallowance.

December 30, 2019

Case Laws Income Tax AT

Disallowance u/s 43B - outstanding municipal tax liability - the assessee was only a collecting agent on behalf of the State and it was the amount which was not collected, which was shown as receivable and also on the other side shown as payable to the State. - the provision of section 43B could not be applied

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Disallowance u/s 43B - outstanding municipal tax liability - the ...

Section 43B Inapplicable: Assessee's Role as State's Tax Collector Excludes Outstanding Municipal Tax Liability from Disallowance.

December 30, 2019

Case Laws Income Tax AT

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