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Income Tax | Mumbai ITAT Quashes Section 263 Revision on ₹19.64 Crore Bad-Debt Write-Off

29 Aug 2026 · 29 Aug 2026By CA Vijayakumar Shetty

ITAT Mumbai quashes Section 263 revision after finding AO had examined actual merchant receivable write-offs despite financial statement nomenclature. The post Mumbai ITAT Quashes Section 263 Revision on ₹19.64 Crore Bad-Debt Write-Off appeared first on TaxGuru .

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