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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

The advance deposit of central excise duty constitutes actual ...


Central Excise Duty Advance Deposit Counts as Actual Payment u/s 43B, Allowing Assessee Deduction Claim.

November 27, 2017

Case Laws     Income Tax     SC

The advance deposit of central excise duty constitutes actual payment of duty within the meaning of Section 43B and, therefore, the assessee is entitled to the benefit of deduction of the said amount - SC

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