Tag: prior period expenses

Expenses allowed in current year though accounted in subsequent year as prior period items and disallowed in computation ABCAUS Case Law CitationABCAUS 3560 (2021) (11) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming disallowance of expenses related to current …

Disallowance for prior period expenses deleted by the ITAT as the tax rate was the same from one year to another year ABCAUS Case Law Citation: ABCAUS 3004 (2019) (06) ITAT In this appeal, the revenue WAS aggrieved with the order of the CIT(A) in deleting the addition …