https://www.taxtmi.com/caselaws?id=243590 Genuine bonus liability relating to earlier years was held deductible where it had not been claimed or allowed earlier, and the deletion was sustained. Interest on delayed ESI contribution and on sales tax arrears was treated as compensatory rather than penal, so the deductions were upheld. Employees' PF and ESI contributions paid after the due date under the relevant enactments but before filing the return were allowed. An ad hoc disallowance of miscellaneous expenses and brokerage was rejected because no specific defects in the accounts or vouchers were shown. CST liability paid under a sales tax loan arrangement was allowed on actual payment basis under section 43B, and all disputed additions were deleted. en-us Fri, 31 Jan 2014 00:00:00 +0530 Wed, 05 Feb 2014 09:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243590 Genuine bonus liability relating to earlier years was held deductible where it had not been claimed or allowed earlier, and the deletion was sustained. Interest on delayed ESI contribution and on sales tax arrears was treated as compensatory rather than penal, so the deductions were upheld. Employees' PF and ESI contributions paid after the due date under the relevant enactments but before filing the return were allowed. An ad hoc disallowance of miscellaneous expenses and brokerage was rejected because no specific defects in the accounts or vouchers were shown. CST liability paid under a sales tax loan arrangement was allowed on actual payment basis under section 43B, and all disputed additions were deleted. Case-Laws Income Tax Fri, 31 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243590