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Income Tax | No Business Receipts, No Deduction? ITAT Says Examine the Expenses First

24 Sept 2026 · 3d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT Mumbai restored ₹18.87 lakh expenditure disallowance for fresh verification where company reported no business receipts. The post No Business Receipts, No Deduction? ITAT Says Examine the Expenses First appeared first on TaxGuru .

Attribution

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

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