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Income Tax | ₹6.80 Crore Paging Business Closure Expenditure Not Deductible Under Section 37(1): ITAT Mumbai

9 Oct 2026 · 5d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Mumbai disallows ₹6.80 crore paging business closure expense but upholds deletion of estimated forex fluctuation disallowance. The post ₹6.80 Crore Paging Business Closure Expenditure Not Deductible Under Section 37(1): ITAT Mumbai appeared first on TaxGuru .

Attribution

Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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