No disallowance U/s. 43B for Service Tax not debited to Profit & Loss Account

In our opinion since the assessed did not debit the amount to the Profit & Loss Account as an expenditure nor did the assessed claim any deduction in respect of the amount and considering that the assessed is following the mercantile system of accounting, the question of disallowing the deduction under section 43B  not claimed would not arise. Delhi High Court Cit vs Noble And Hewitt (I) (P) Ltd. [2008] 305 ITR 324 (Delhi) Date- 10 September, 2007 Author: Madan B. Lokur, J. Bench: M B Lokur, S Muralidhar  ORDER 1. The revenue is aggrieved by an order dated 17-11-2006 passed by the Inco...