ITAT Deletes Rs 25.12 Crore Disallowance on Independent Section 36 Deduction Computation:

ITAT Deletes Rs 25.12 Crore Disallowance on Independent Section 36 Deduction Computation

Section 36(1)(viia), Section 36(1)(viii), Section 14A, Bad and Doubtful Debts, Special Reserve, Housing Finance Company, ITAT Mumbai, Income Tax Act

Section 36(1)(viia) deduction cannot be reduced by Section 36(1)(viii) claim.

authorMeetu KumaridateJul 8, 2026
Last update on Jul 8, 2026
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ITAT Deletes Rs 25.12 Crore Disallowance on Independent Section 36 Deduction Computation

Section 36(1)(viia), Section 36(1)(viii), Section 14A, Bad and Doubtful Debts, Special Reserve, Housing Finance Company, ITAT Mumbai, Income Tax Act

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