https://www.taxtmi.com/caselaws?id=782530 The ITAT Delhi allowed the assessee's appeal, holding that customs duty paid under protest is deductible u/s 43B in the year of actual payment, irrespective of the year in which the liability was incurred. It held that once the customs authority permits clearance of goods, the statutory liability crystallizes in the year of payment for purposes of s. 43B. The Tribunal rejected the AO's adjustment u/s 143(1)(a)(iv), noting that the assessee had already offered any subsequent refund to tax in AY 2020-21, and sustaining the disallowance would result in impermissible double taxation. en-us Fri, 28 Nov 2025 00:00:00 +0530 Mon, 01 Dec 2025 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782530 The ITAT Delhi allowed the assessee's appeal, holding that customs duty paid under protest is deductible u/s 43B in the year of actual payment, irrespective of the year in which the liability was incurred. It held that once the customs authority permits clearance of goods, the statutory liability crystallizes in the year of payment for purposes of s. 43B. The Tribunal rejected the AO's adjustment u/s 143(1)(a)(iv), noting that the assessee had already offered any subsequent refund to tax in AY 2020-21, and sustaining the disallowance would result in impermissible double taxation. Case-Laws Income Tax Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782530