Dismissing the appeal of the Revenue the Court held that the assessee is merely an agency assigned with a statutory function to collect electricity duty from the consumers and to pay it to the State Government, and that therefore, the provisions of section 43B of the Act would not be applicable to the assessee. (AY. 2008-09)
PCIT v. Dakshin Haryana Bijli Vitran Nigam Ltd. (2023)454 ITR 801 / 293 Taxman 426 (SC) Editorial : PCIT v. Dakshin Haryana Bijli Vitran Nigam Ltd(2022) 449 ITR 605 (P&H) (HC), affirmed.
S. 43B : Deductions on actual payment-Electricity duty-A Licensee-An agency to collect electricity duty from consumers and to pay it to State Government-Disallowance not attracted-SLP of Revenue is dismissed. [Art. 136]