Customs Duty Paid Under Protest Deductible in Year of Payment: ITAT Delhi

Keysight Technologies India Private Limited Vs DCIT (ITAT Delhi) The Income Tax Appellate Tribunal, Delhi Bench, considered appeals filed by the assessee against orders dated 23.07.2024 passed by the Commissioner of Income-tax (Appeals), Panchkula, which arose from intimation orders dated 02.10.2019 and 15.03.2019 issued under Section 143(1) of the Income-tax Act, 1961, by the Centralised Processing Centre, Bangalore. Since the appeals involved a common issue, they were heard together, with Assessment Year 2018–19 taken as the lead year. The assessee was incorporated in India on 14.02.2014 a...