Allowed deduction of business loss including amount paid as managerial remuneration on account of it being business expenses


Last updated: 22 September 2021

Court :
ITAT New Delhi

Brief :
In M/S. Universal Buildrise Private Limited v. The Income Tax Officer, New Delhi [ITA No. 9296/ Del. /2019 A.Y. 2016-2017 dated September 14, 2021], M/S. Universal Buildrise Private Limited ("the Appellant") filed an appeal against Order dated September 30, 2019 of the Ld. CIT(A)-9, New Delhi, relating to the Assessment Year (AY) 2016-2017.

Citation :
ITA No. 9296/ Del. /2019 A.Y. 2016-2017 dated September 14, 2021

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