Adjustment under Section 143(1)(a) is not permissible on Debatable Issue: ITAT [Read Order]

Adjustment - permissible - debatable issue - ITAT - taxscan

The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) comprising Shri Annapurna Gupta, AM and Shri T R Senthil kumar, JM has held that adjustment u/s 143(1)(a) is not permissible on a debatable issue. The assessee a charitable trust registered under the Income Tax Act, 1961 and enjoying benefits of sections 11 and 80G of…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader