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![Amount deposited as Security during the Customs Proceedings is Allowable as Expenditure: Delhi HC [Read Judgment] Amount deposited as Security during the Customs Proceedings is Allowable as Expenditure: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg)
Amount deposited as Security during the Customs Proceedings is Allowable as Expenditure: Delhi HC [Read Judgment]
In Principal CIT v. Praveen Saxena, the Delhi High Court dismissed an appeal preferred by the Revenue contending that the amount deposited by the...