https://www.taxtmi.com/caselaws?id=435767 ITAT DELHI - AT allowed the appeal, holding the disallowances unsustainable. Interest paid on late TDS was held to be compensatory and deductible under s.37(1) where bank challans evidence payment, following Tribunal precedent. Disallowance of amounts paid towards PF arrears was deleted after the assessee produced challans establishing payment. The DRP's direction to allow the claims upon production of evidence was given effect to and the AO's disallowances were set aside. en-us Fri, 24 Mar 2023 00:00:00 +0530 Wed, 01 Oct 2025 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435767 ITAT DELHI - AT allowed the appeal, holding the disallowances unsustainable. Interest paid on late TDS was held to be compensatory and deductible under s.37(1) where bank challans evidence payment, following Tribunal precedent. Disallowance of amounts paid towards PF arrears was deleted after the assessee produced challans establishing payment. The DRP's direction to allow the claims upon production of evidence was given effect to and the AO's disallowances were set aside. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435767