https://www.taxtmi.com/highlights?id=67554 Allowability of duty drawback written-off post expiry of prescribed due date - when all procedural vis-à-vis legal recourse available to the appellant came to an end in the best judgement or estimation, in the evince of communication received from its sister concern EID-Perry, the claim for allowance in the P&L was made by creating a charge in terms of section 37(1) of the Act in the impugned year being the year of crystalized of loss of refund. - Claim of loss allowed - AT en-us Sat, 07 Jan 2023 17:30:16 +0530 Sat, 07 Jan 2023 17:30:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67554 Allowability of duty drawback written-off post expiry of prescribed due date - when all procedural vis-à-vis legal recourse available to the appellant came to an end in the best judgement or estimation, in the evince of communication received from its sister concern EID-Perry, the claim for allowance in the P&L was made by creating a charge in terms of section 37(1) of the Act in the impugned year being the year of crystalized of loss of refund. - Claim of loss allowed - AT Highlights Income Tax Sat, 07 Jan 2023 17:30:16 +0530 https://www.taxtmi.com/highlights?id=67554