No Disallowance u/s 43B for unclaimed GST due to Lack of Deduction: ITAT allows Appeal [Read Order]

The tribunal allowed the appeal, reversing the disallowance under Section 43B
ITAT - ITAT Ahmedabad - GST - Unclaimed GST - Income Tax - ITAT Allows Appeal - Section 43B of Income Tax Act - Taxscan

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT )ruled that no disallowance under Section 43B of the Income Tax Act,1961 could be imposed for unclaimed Goods and Service Tax ( GST ) due to the lack of deduction. Munjal Auto Industries Ltd.,the appellant-assessee,filed an appeal against the order issued by the Commissioner of…

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