https://www.taxtmi.com/highlights?id=62302 Allowability of expenditure u/s. 43B - Expenditure incurred under the head customs duty, excise duty, interest and penalty on payment basis - the payment has been made by the assessee under protest. Therefore, the amount is definitely a disputed liability and cannot be said that the liability has crystallized/accrued to the assessee during the relevant assessment year - AT en-us Sat, 05 Mar 2022 12:18:51 +0530 Sat, 05 Mar 2022 12:18:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62302 Allowability of expenditure u/s. 43B - Expenditure incurred under the head customs duty, excise duty, interest and penalty on payment basis - the payment has been made by the assessee under protest. Therefore, the amount is definitely a disputed liability and cannot be said that the liability has crystallized/accrued to the assessee during the relevant assessment year - AT Highlights Income Tax Sat, 05 Mar 2022 12:18:51 +0530 https://www.taxtmi.com/highlights?id=62302