2014 (7) TMI 1308 - HC - Income Tax

Payment of amounts towards Excise Duty in advance allowed u/s 43B - HELD THAT - This Court notices that the ITAT has followed its previous ruling in CIT v. Modipon Ltd. 2011 (1) TMI 323 - DELHI HIGH COURT ; DCIT v. Glaxo Smithkline Consumer Healthcare Limited 2007 (7) TMI 334 - ITAT CHANDIGARH and CIT v. Maruti Suzuki India Limited 2012 (12) TMI 671 - DELHI HIGH COURT - No substantial question of law.

Summary

The Delhi High Court dismissed the appeal regarding the payment of Excise Duty in advance under Section 43B of the Income Tax Act, 1961, citing previous rulings. No substantial question of law arose. The appeals were dismissed.