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![ITAT Rejects claim for Deduction since chances of recovery of Refundable Security Deposit are not lost completely as matter is Sub-judice [Read Order] ITAT Rejects claim for Deduction since chances of recovery of Refundable Security Deposit are not lost completely as matter is Sub-judice [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg)
ITAT Rejects claim for Deduction since chances of recovery of Refundable Security Deposit are not lost completely as matter is Sub-judice [Read Order]
A bench of Shri Sunil Kumar Yadav (judicial member) of ITAT rejected the claim for deduction under Section 36(2) of the Income Tax Act, 1961 since the...