ITAT Upholds Deletion of Rs 96 Crore Prior Period Disallowance:
ITAT permits deduction of prior period expenses where liabilities became ascertainable during relevant year.
Liability Became Enforceable Only During Relevant Assessment Year Period
Meetu Kumari
Jun 4, 2026Premium
ITAT Upholds Deletion of Rs 96 Crore Prior Period Disallowance
ITAT permits deduction of prior period expenses where liabilities became ascertainable during relevant year.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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