Tribunal held that provision for leave salary is not a statutory liability but only a contractual liability. No disallowance can be made by applying the provision of Section 43B(f) of the Act. (AY. 2013-14)
DCIT v. GBTL Ltd. (2021) 189 ITD 704 / 212 TTJ 526 / 203 DTR 353 (Mum.)(Trib.)
S. 43B : Deductions on actual payment-Provision for leave salary-Not statutory liability-No disallowance can be made-Provision of section 43B(f) is not applicable. [S. 43B(f)]