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of <h1>ITAT Delhi-B: Damages paid to DDA deductible as business expense</h1> The appeal was allowed by ITAT Delhi-B, determining that the damages paid by the assessee to DDA were compensatory for wrongful use of the property and ... - The appeal was filed by the assessee, a registered firm engaged in manufacturing rolling shutters, rolling grills, and collapsible gates, regarding a claim of Rs. 54,920 for damages paid to DDA for use of business premises. The ITAT Delhi-B allowed the appeal, stating that the damages were compensation for wrongful use and occupation of the property, not a penalty or fine, and were allowable as a business expense.
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