https://www.taxtmi.com/caselaws?id=398695 Interest on unpaid statutory dues was held disallowable under section 43B, following earlier adverse views in the assessee's own case. Delayed-payment interest to micro, small and medium enterprises was also disallowed because sections 23 and 24 of the MSMED Act bar its deduction and give the statutory bar overriding effect. Weighted deduction under section 35(2AB) was to be computed on gross in-house R&D expenditure, not net of receipts from the R&D centre. Under section 14A read with rule 8D, no interest disallowance was warranted where own funds exceeded investments, though the administrative limb required fresh factual examination. Reduction of doubtful debts from sundry debtors was accepted as a sufficient write-off under section 36(1)(vii). en-us Tue, 16 Jun 2020 00:00:00 +0530 Fri, 22 Aug 2025 22:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398695 Interest on unpaid statutory dues was held disallowable under section 43B, following earlier adverse views in the assessee's own case. Delayed-payment interest to micro, small and medium enterprises was also disallowed because sections 23 and 24 of the MSMED Act bar its deduction and give the statutory bar overriding effect. Weighted deduction under section 35(2AB) was to be computed on gross in-house R&D expenditure, not net of receipts from the R&D centre. Under section 14A read with rule 8D, no interest disallowance was warranted where own funds exceeded investments, though the administrative limb required fresh factual examination. Reduction of doubtful debts from sundry debtors was accepted as a sufficient write-off under section 36(1)(vii). Case-Laws Income Tax Tue, 16 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398695