Disallowance u/s 43B - custom duty expenditure not claimed as ...

Income Tax

November 9, 2021

Disallowance u/s 43B - custom duty expenditure not claimed as expenses in the year of actual payment as appellant was entitled to receive special benefits as per Custom & Excise Rules but said special benefits were not received hence expenses were claimed as revenue expenditure in year under consideration - Claim cannot be denied - AT

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Disallowance u/s 43B - custom duty expenditure not claimed as ...

Income Tax

November 9, 2021

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