Payment of Rs. 22 Lakh in Cash to Wholesale Dealer attracts Disallowance u/s 40A(3): ITAT

Clipped from: By Navasree A M – On December 30, 2022 12:06 pm The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) disallowed the tax deduction on grounds that an

Use of Building by Assessee-Trust without consideration is not Unexplained Investment: ITAT

Clipped from: By Kalyani B Nair – On December 30, 2022 12:15 pm The Kolkata Bench of the Income Tax Appellate Tribunal ( ITAT ), ruled that use of building by assessee-trust

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