2013 (4) TMI 288

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... stion for the opinion of this Court: "Whether on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that provisions of Section 43B of the Income Tax Act, 1961, are not applicable although, the payment has been made after the close of the accounting year? The dispute relates to the assessment year 1984-1985. The assessee-respondent is a registered firm der .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n the due date, the deduction cannot be disallowed under section 43-B of the Act. The same view has been taken by this Court in the case of Commissioner of Income Tax versus Krishna Satya Narain (2005) 277 ITR 354. In this view of the matter, we answer the question in affirmative i.e against the revenue and in favour of the assessee. None has appeared on behalf of the assessee. No order as to co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X