Is amount disallowed u/s 41(1) if the assessee has not reconciled and adjusted the receivables?


Last updated: 13 September 2021

Court :
ITAT Bangalore

Brief :
The above appeal was disposed of by the ITAT vide its order dated 31.01.2018. The Revenue filed Miscellaneous Petition in MA No.263/Bang/2018 for the limited purpose of non-adjudication of ground Nos. 4 and 5 by the ITAT in its order dated 31.01.2018.

Citation :
ITA No.1223

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