Cheque issued in respect of Municipality tax, before end of previous year however encashment subsequently. Entitle to deduction as cheque relates back to date of issue. ( AY.1985-86, 1996-97 to 2002-03 )
CIT v. Punalur Paper Mills Ltd. (2019)411 ITR 563/ 176 DTR 342/ 309 CTR 42 (Ker.)(HC)
S. 22 : Income from house property-Deductions-Municipality tax- Cheque issued before end of previous year-Encashment subsequently -Relates back to date of issue–Entitle to deduction. [S. 24]