https://www.taxtmi.com/caselaws?id=795753 Deductibility of defect-liability-period expenditure, bad debts written off, and employees' PF/ESIC contributions is examined in the context of an EPC business. Defect rectification costs may qualify as business expenditure where the contractual liability crystallises during the defect liability period rather than representing a provision or prior-period expense; supporting contractual and documentary evidence requires verification. Bad debts may be deductible where the related receipts were previously recognised as taxable income and the amounts are written off as unrecoverable in the books. Employees' PF/ESIC contributions remain deductible where deposited by the statutory due dates under the relevant labour laws. en-us Mon, 06 Jul 2026 00:00:00 +0530 Mon, 27 Jul 2026 08:27:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795753 Deductibility of defect-liability-period expenditure, bad debts written off, and employees' PF/ESIC contributions is examined in the context of an EPC business. Defect rectification costs may qualify as business expenditure where the contractual liability crystallises during the defect liability period rather than representing a provision or prior-period expense; supporting contractual and documentary evidence requires verification. Bad debts may be deductible where the related receipts were previously recognised as taxable income and the amounts are written off as unrecoverable in the books. Employees' PF/ESIC contributions remain deductible where deposited by the statutory due dates under the relevant labour laws. Case-Laws Income Tax Mon, 06 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795753