https://www.taxtmi.com/caselaws?id=790631 Deduction under section 10AA was denied for assessment year 2017-18 on EPCG, EOU and zone-to-zone sales because the assessee failed to prove export out of India and receipt of convertible foreign exchange; the disallowance was sustained. Employees' contribution to PF and ESI paid after the prescribed due date remained disallowable, as payment before return filing did not cure the default. Sundry balances written off were also disallowed for want of supporting evidence, while bad debts written off were allowed on the basis of book write-off. Amounts relating to patents were held outside section 41(1) because they did not reflect cessation of liability. For assessment year 2018-19, the section 10AA issue was remanded for fresh verification of revised Form 56F and related material. en-us Fri, 24 Apr 2026 00:00:00 +0530 Tue, 28 Apr 2026 07:29:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790631 Deduction under section 10AA was denied for assessment year 2017-18 on EPCG, EOU and zone-to-zone sales because the assessee failed to prove export out of India and receipt of convertible foreign exchange; the disallowance was sustained. Employees' contribution to PF and ESI paid after the prescribed due date remained disallowable, as payment before return filing did not cure the default. Sundry balances written off were also disallowed for want of supporting evidence, while bad debts written off were allowed on the basis of book write-off. Amounts relating to patents were held outside section 41(1) because they did not reflect cessation of liability. For assessment year 2018-19, the section 10AA issue was remanded for fresh verification of revised Form 56F and related material. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790631