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Assessee has raised the ground that on the facts and in the circumstances of thecaseand in law, the Ld. CIT(A) erred and was not justified in disallowing charges for delay in supply amounting to Rs. 50256/- u/s 37(1) of the Income Tax Act,1961 and therefore the same be allowed and addition made be deleted.

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Sec. 37(1) of Income Tax Act, 1961—Business Expenditure —Interest expenses claimed by the assessee on account of delayed deposit of service tax as well as TDS liability are allowable expenses u/s 37(1) - - WORK STATION SYSTEMS P. LTD. V/s ASSTT. CIT - [2020] 28 ITCD Online 066 (ITAT-INDORE)