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, 2026
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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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