Additions towards receipt of excise duty - non-crediting of ...
Court Rules Excise Duty Receivable Not Income, No Tax Imposition Needed u/s 43B.
January 21, 2017
Case Laws Income Tax HC
Additions towards receipt of excise duty - non-crediting of 'Excise Duty Receivable' to the P & L Account - avoiding the provisions of Section 43B - the excise duty, recovered by it, would not constitute any income to the assessee itself in order to invite the imposition of any tax - HC
View Source