For the purpose of claiming benefit of deduction of the sum paid ...

Deductions u/s 43B Depend on Year of Payment, Not Year Liability Incurred.

February 1, 2017

Case Laws Income Tax AT

For the purpose of claiming benefit of deduction of the sum paid against the liability of tax, duty; cess, fee, etc., the year of payment is relevant and is only to be taken into account. The year in which the assessee incurred the liability to pay such tax, duty, etc., has no relevance and cannot be linked with the matter of giving benefit of deduction u/s 43B - AT

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For the purpose of claiming benefit of deduction of the sum paid ...

Deductions u/s 43B Depend on Year of Payment, Not Year Liability Incurred.

February 1, 2017

Case Laws Income Tax AT

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