https://www.taxtmi.com/caselaws?id=776779 ITAT held for the assessee that advance IGST deposited on export of services is a refundable statutory payment, not an expenditure or income of the assessment year, and therefore cannot be treated as income nor be subjected to disallowance under s.43B. CIT(A)'s view that non-claiming of IGST expenditure was an attempt to avoid s.43B was rejected. The Tribunal directed the AO to delete the addition made on account of the IGST refund claim. Decision in favour of the assessee. en-us Wed, 13 Aug 2025 00:00:00 +0530 Tue, 19 Aug 2025 08:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776779 ITAT held for the assessee that advance IGST deposited on export of services is a refundable statutory payment, not an expenditure or income of the assessment year, and therefore cannot be treated as income nor be subjected to disallowance under s.43B. CIT(A)'s view that non-claiming of IGST expenditure was an attempt to avoid s.43B was rejected. The Tribunal directed the AO to delete the addition made on account of the IGST refund claim. Decision in favour of the assessee. Case-Laws Income Tax Wed, 13 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776779