Following its earlier orders in the assessee’s own case, the Tribunal held that the write-off of inventory loss and leakage represented a normal business loss and was allowable as a deduction. The Revenue’s ground challenging the deletion of the addition was dismissed. (AY. 2016-17).
Hindustan Coca Cola Beverages (P.) Ltd. v. Add. CIT (2025) 122 ITR 290 (Delhi)(Trib.)
S. 37(1): Business expenditure-Inventory loss and leakage-Consistent view in earlier years-Deduction allowable.
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