COMMNR. OF INCOME TAX, KERALA vs. M/S. TRAVANCORE SUGARS & CHEMICALS LTD
The appeal stands disposed of in
C.A. No.-002558-002558 - 2005Supreme Court07 May 2015
Bench: The Expiry Of The Relevant Previous Year. On 30.04.1993, The Assessing Officer Completed The Assessment For The Year 1990-1991 & Inter Alia Confirmed Disallowance Of The Vend Fee. Against This, The Assessee Preferred An Appeal Before The Commissioner Of Income Tax (Appeals), Who, By His Order Dated 24.05.1993, Deleted The Disallowance Under Section 43B & Allowed The Appeal Of The Respondent-Assessee. Aggrieved By The Said Order, The Revenue Preferred An C. A. No. 2558/ 2005 1
Section 256(1)Section 28Section 36Section 43B
disallowance
under S. 43B of the I.T. Act in respect of the
vend fee of Rs. 22,87,512/- outstanding as a
liability payable to the Government of Kerala as
on the last day of the accounting year?”
Section 43B of the Income Tax Act allows certain
deductions
