Unclaimed Unpaid Excise Duty on Closing Stock Cannot Be Disallowed Under Section 43B
Unclaimed Unpaid Excise Duty on Closing Stock Cannot Be Disallowed Under Section 43B Issue Whether unpaid excise duty on closing stock can be added back to taxable income under Section 43B read with Section 145A when the assessee has not claimed the unpaid duty as a deduction in its profit and loss account. Facts Assessee… Read More »