Discounts and Incentives are not Unexplainable Cash Credits

Vivek Jalan , Last updated: 09 February 2026  
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"Discounts and incentives" are normal in a business scenario and sometimes may take substantial proportions. However, the allegation that such "Discounts and incentives" was unexplainable "cash credits" was turned down by the ITAT Chennai in the case of THE ASSISTANT COMMISSIONER OF INCOME TAX Vs M/

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Vivek Jalan
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Category Income Tax   Report

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