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Ind AS Book Entries Cannot Create Taxable Income: Mumbai ITAT Deleted ₹130.92-Crore Additions

19 Aug 2026 · 19 Aug 2026By CA Vijayakumar Shetty

ITAT Mumbai allows ICDS adjustments, including royalty, grants and borrowing costs, and Section 35(2AB) deduction for AY 2019-20. The post Ind AS Book Entries Cannot Create Taxable Income: Mumbai ITAT Deleted ₹130.92-Crore Additions appeared first on TaxGuru .

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