https://www.taxtmi.com/caselaws?id=462083 ITAT Delhi dismissed assessee's appeal regarding leave encashment provision disallowance under section 43B(f), holding that unpaid provisions cannot be deducted if not paid before return filing due date. However, ITAT allowed deduction for bad debts written off relating to TDS amounts where certificates weren't received from customers, treating these as recoverable from debtors only. Computer software expenditure was held revenue in nature rather than capital, being routine annual renewal charges. Late cancellation charges were disallowed due to insufficient details provided by assessee. Under section 80HHE, ITAT directed AO to allow deduction by reducing only 90% of net interest and rental income from eligible business profits. en-us Fri, 24 Aug 2018 00:00:00 +0530 Wed, 21 May 2025 21:35:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462083 ITAT Delhi dismissed assessee's appeal regarding leave encashment provision disallowance under section 43B(f), holding that unpaid provisions cannot be deducted if not paid before return filing due date. However, ITAT allowed deduction for bad debts written off relating to TDS amounts where certificates weren't received from customers, treating these as recoverable from debtors only. Computer software expenditure was held revenue in nature rather than capital, being routine annual renewal charges. Late cancellation charges were disallowed due to insufficient details provided by assessee. Under section 80HHE, ITAT directed AO to allow deduction by reducing only 90% of net interest and rental income from eligible business profits. Case-Laws Income Tax Fri, 24 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462083