https://www.taxtmi.com/caselaws?id=771299 ITAT Delhi dismissed the assessee's appeal regarding leave encashment provision disallowance under section 43B(f), holding that provisions unpaid by the due date for filing returns cannot be deducted. However, the tribunal allowed deduction for warranty provision under section 37(1), finding it created on scientific basis representing present liability. Software annual maintenance charges were held revenue expenditure, not capital, directing deletion of disallowance. For liquidated damages, deduction was allowed for TATA AIG agreement but BSNL issue was remanded to AO for verification following coordinate bench directions. en-us Fri, 16 May 2025 00:00:00 +0530 Tue, 20 May 2025 16:08:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771299 ITAT Delhi dismissed the assessee's appeal regarding leave encashment provision disallowance under section 43B(f), holding that provisions unpaid by the due date for filing returns cannot be deducted. However, the tribunal allowed deduction for warranty provision under section 37(1), finding it created on scientific basis representing present liability. Software annual maintenance charges were held revenue expenditure, not capital, directing deletion of disallowance. For liquidated damages, deduction was allowed for TATA AIG agreement but BSNL issue was remanded to AO for verification following coordinate bench directions. Case-Laws Income Tax Fri, 16 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771299