S. 43B : Deductions on actual payment-Employee’s contribution to ESI/PF-Deposited before due date of filing of return-No disallowance can be made-Amendment to section 36(1)(va) brought by Finance Act, 2021 which came into effect from 1-4-2021 as same has no retrospective applicability. [S. 2(24)(x), 36(1)(va), 139(1)]

S. 43B : Deductions on actual payment-Disallowance of interest in earlier years-Allowable in the year of payment. [S. 145]

S. 40(a)(iib) : Amounts not deductible-Guarantee commission-Not liable to deduct tax at source-Not in the nature of levy on a State Government undertaking by State Government-Contract payment-Allowable as business expenditure. [S. 37(1)]

S. 40(a)(ii) : Amounts not deductible-Rates or tax-Additional ground admitted-Education Cess and Higher and Secondary Education Cess are allowable as deduction. [S. 28(i), 37(1), 254(1)]

S. 40(a)(ia) : Amounts not deductible-Deduction at source-Copies of PAN along with copies of invoices of transportation bill etc. was furnished-Disallowance cannot be made on technical ground. [S. 194C (7)]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Royalty-Software purchased is a copyrighted article-Not liable to deduct tax at source-DTAA-India-USA. [S. 9(1)(vi), 195, Art. 9]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Fes for technical services-Grant of license to use its intellectual property and also availed of management services-Services were managerial in nature and not technical services-Not liable to deduct TDS on same-DTAA-India-UK. [S. 195, Art. 13(4)]

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Commission payment-Not liable to deduct tax at source-DTAA-India-France. [S. 9(1)(vi), 195, Art. 7, 12]

S. 37(1) : Business expenditure-Real estate business-New project-Work in progress-Sales promotion and advertisement expenses-allowable as revenue expenditure. [AS. 2]

S. 37(1) : Business expenditure-Freebies to doctors-Matter referred to larger bench of three or more members to consider question as to allowability of expenditure. [S. 143(3), 153A Indian Medical Council (Professional Conduct, Etiquette and Ethics) Regulations, 2002. S. 20A]