Deduction towards contingent liability allowed by AO: No revision U/s 163 permissible if AO had conducted proper inquiry and verification – ITAT Mumbai   Mumbai Tribunal in the case of National Stock Exchange of India Ltd (ITA No 642/Mum/2020) hashled that the AO had conducted proper inquiry and verification while allowing the claim of the…

The post Deduction towards contingent liability allowed by AO: No revision U/s 163 permissible if AO had conducted proper inquiry and verification – ITAT Mumbai appeared first on The Tax Talk.

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