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![Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order] Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Non-Fulfilment-of-Contractual-Obligation-Compensation-Paid-Non-Fulfilment-Contractual-Obligation-Infringement-Violation-of-Law-ITAT-upholds-Deduction-ITAT-Deduction-taxscan.jpg)
Compensation Paid for Non-Fulfilment of Contractual Obligation Deemed Non-Penal as No Infringement or Violation of Law Involved: ITAT upholds Deduction [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata has upheld the deduction for expenditure incurred by the appellant, for non-fulfilment of a...