SHREE RAMA MULTI-TECH LTD.,,AHMEDABAD vs. THE ACIT(OSD) CIRCLE-8, AHMEDABAD

In the result, appeal of the assessee is partly allowed

Bench: Shri Rajpal Yadav & Shri Waseem Ahmed

u/s. 43B for customs duty actually paid during the year. The AO has not observed anything whether this customs duty was actually paid in the previous year or not and he has disallowed this claim by only relying upon the legal issues that after introduction of Sec. 145(91) of the IT Act, the assessee is not entitled for deduction