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![Irrecoverable Loss due to Technical Snags and Bad Weather Conditions: ITAT allows Deduction of Revenue Loss [Read Order] Irrecoverable Loss due to Technical Snags and Bad Weather Conditions: ITAT allows Deduction of Revenue Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Irrecoverable-Loss-Technical-Snags-Bad-Weather-Conditions-ITAT-Deduction-of-Revenue-Loss-Taxscan.jpg)
Irrecoverable Loss due to Technical Snags and Bad Weather Conditions: ITAT allows Deduction of Revenue Loss [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, while granting relief to the assessee, held that deduction shall be allowable for revenue loss...