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Income Tax

Adhoc Disallowances Without Rejecting Books Unsustainable; ITAT Kolkata Deletes ₹8.29 Cr Additions

Case Law Details

Case Name
Axora Resources Limited Vs ITO (ITAT Kolkata)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2022-23
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Axora Resources Limited Vs ITO (ITAT Kolkata) ITAT Kolkata Deletes Additions on WIP, Expenses & Purchases – Adhoc Disallowance Unsustainable- Tribunal Quashes ₹7.40 Cr. Purchases Addition & ₹63 Lakh Expenses Disallowance ITAT Kolkata Deletes Additions on WIP, Expenses & Purchases – Adhoc Disallowance Unsustainable- Tribunal Quashes ₹7.40 Cr. Purchases Addition & ₹63 Lakh Expenses Disallowance Tribunal Rejects 10% & 12.5% Adhoc Additions Made Without Rejection of Books- Purchases from Non-Filers Not Ground for Addition Assessee filed appeal against the order of C...
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Author Info

CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka
Articles Published: 5,510

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