Held that input service tax credit written off in books of account is allowable as deduction. Matter remanded for verification. (AY.2010-11)
FIH India (P.) Ltd. v. DCIT (2021) 188 ITD 124 / 198 DTR 250 / 210 TTJ 1 (Chennai)(Trib.)
S. 37(1) : Business expenditure-CENVAT-Input service tax credit written off in books of account-Allowable as deduction.