Section 43B not apply to External Development Charges payable to HUDA

Tulip Infratech Pvt Ltd Vs ACIT (ITAT Delhi)

Sole issue for our adjudication in this appeal is whether ld. CIT(A) was correct and justified in sustaining the addition u/s 43B of the Income-tax Act, 1961 on account of External Development Charges (EDC) not paid to Haryana Urban Development Authority (HUDA) before the due date of filing the return of income ?

ITAT held that disallowance made by the AO and upheld by the ld. CIT(A) u/s 43B of the Act on account of External Development Charges (EDC) charges does not attrac

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