https://www.taxtmi.com/caselaws?id=197498 HC allowed the taxpayer's claims. The court held privilege fees are deductible as revenue expenditure and permitted deduction for PF/ESI where amounts were deposited on or before the return due date, following prior HC authority. The HC also upheld write-off of bad debts: on findings that amounts were irrecoverable, the deduction was allowable despite no suit being filed, since non-filing alone does not defeat a bona fide bad-debt write-off. Decision pronounced in favour of the taxpayer. en-us Thu, 04 Aug 2016 00:00:00 +0530 Thu, 18 Sep 2025 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197498 HC allowed the taxpayer's claims. The court held privilege fees are deductible as revenue expenditure and permitted deduction for PF/ESI where amounts were deposited on or before the return due date, following prior HC authority. The HC also upheld write-off of bad debts: on findings that amounts were irrecoverable, the deduction was allowable despite no suit being filed, since non-filing alone does not defeat a bona fide bad-debt write-off. Decision pronounced in favour of the taxpayer. Case-Laws Income Tax Thu, 04 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197498