No Section 43B Disallowance for Unpaid GST Shown Only as Balance Sheet Liability: ITAT:
ITAT Delhi held that unpaid GST shown merely as a balance-sheet liability, without being claimed as an expenditure, cannot be disallowed under Section 43B.
ITAT Quashes Rs 45.62 Lakh GST Addition
Vanshika verma
May 31, 2026
Premium
No Section 43B Disallowance for Unpaid GST Shown Only as Balance Sheet Liability: ITAT
ITAT Delhi held that unpaid GST shown merely as a balance-sheet liability, without being claimed as an expenditure, cannot be disallowed under Section 43B.
Also Read
ITAT Sets Aside Rejection of Charitable Trusts’ Section 12AB And 80G Applications ITAT Allows Carry Forward of Rs 3.49 Crore Business Loss, Says Principle of Consistency Must Be FollowedITAT Remands Taxability Dispute Over Rural Agricultural Land Compensation for Fresh ConsiderationITAT Rejects Retrospective Application of Omitted Section 92BA(i)
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Studycafe
Delhi, Delhi, India
1861My Recent Articles
- ITAT Allows Carry Forward of Rs 3.49 Crore Business Loss, Says Principle of Consistency Must Be FollowedPremium
- CBI Files 19th Chargesheet Against Builder Company and Its Directors in Homebuyers Fraud Case
- ITAT Condones Delay of Over 1,000 Days, Gives Taxpayer Fresh Opportunity to Explain Rs.19.02 Lakh Credit Card Expenses and Salary IncomePremium
- ITAT Condones 50-Day Delay in Filing Appeal, Admits Additional Evidence and Remands Matter to AO for Fresh ConsiderationPremium
- ITAT Quashes Rs 6.43 Lakh Fruit Sales Addition, Finds AO Relied on Earlier Khatoni Despite Corrected Land RecordsPremium
Up Next
Loading suggestions…
Recent Posts
All Posts
Recent Posts
All Posts