COMMISSIONER OF INCOME-TAX versus A. M. MOOSA
Mercantile System A of Business Expense Accounting is engaged in the processing and export of seafood. Notice of purchase tax Exemption from the purchase tax on shrimp purchased for export If the Income Tax Officer does not allow a claim for deduction in the purchase tax The liability for the payment of the purchase tax arose when the refund for the sales tax was filed that it was not liable to pay the purchase tax but it was concluded that the purchase tax was due at this time. The supply made is reasonably feared the amount will be payable While purchasing any tax liability for the provision of a net wealth of assysy Department allowed the book to be like this. In the next year, if the tax liability ceases to exist, the supply of liability for the purchase tax will be deducted. Kerala General Sales Tax Act, 1963, Section 5 (3) Indian Central Sales Tax Act, 1956, Section 5 (3) Indian Income Tax Act, 1961, Section 37 (1).
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