Tag: Adjusting tax liability against purchase input to be deemed as actual payment eligible for Sec. 43B relief: HC

Adjusting tax liability against purchase input to be deemed as actual payment eligible for Sec. 43B relief: HC Merck Ltd. v. DCIT - [2021] 132 taxmann.com 174 (Bombay) SHORT OVERVIEW OF THE CASE: Assessee had claimed a certain sum being sales tax set off ...