Section 43B deduction cannot be denied merely for not claiming in tax audit report

Maruti Enterprise Vs ADIT(CPC) (ITAT Rajkot)

The case of Maruti Enterprise versus the Assistant Director of Income Tax (CPC) (ITAT Rajkot) revolves around the disallowance of a deduction under section 43B of the Income Tax Act, 1961. Here’s a detailed summary of the order:

Maruti Enterprise filed an appeal against the order of the National Faceless Appeal Centre (NFAC), Delhi, concerning the intimation generated under section 143(1) of the Income Tax Act for the Assessment Year 2019-2020.

The only issue raised by the assessee was the disallowance of Rs. 47,83,396/-

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