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![Relief to Hi-Lite Builders: ITAT deletes Retrospective Disallowance by AO u/s 40(a)(ia) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Relief-to-Hi-Lite-Builders-Hi-Lite-Builders-ITAT-ITAT-deletes-Retrospective-Disallowance-Retrospective-Disallowance-Disallowance-Retrospective-Disallowance-by-AO-taxscan-.jpg "Relief to Hi-Lite Builders: ITAT deletes Retrospective Disallowance by AO u/s 40(a)(ia) [Read Order]")
Relief to Hi-Lite Builders: ITAT deletes Retrospective Disallowance by AO u/s 40(a)(ia) [Read Order]
The Cochin Bench of the Income Tax Appellate Tribunal (ITAT) has recently deleted the retrospective application of disallowance under Section...