2009 (12) TMI 1010 - HC - Income Tax

Summary

The Kerala High Court allowed the assessee's appeal, citing compliance with Section 43B of the Income Tax Act based on the Supreme Court's decision in CIT V. VINAY CEMENT LTD. The Tribunal found that the assessee made the payment before filing the return, leading to a reversal of the Tribunal's order and a remand to the assessing officer for deduction of the amount paid on time.