ITAT Upholds Deletion of Rs 4.07 Crore Addition on GST Accounting Issue:

ITAT held that GST collected on behalf of the Government under the exclusive accounting method cannot be treated as taxable income, upholding the deletion of a Rs 4.07 crore addition.
ITAT Deletes Rs 4.07 Crore GST Addition

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ITAT Upholds Deletion of Rs 4.07 Crore Addition on GST Accounting Issue
ITAT held that GST collected on behalf of the Government under the exclusive accounting method cannot be treated as taxable income, upholding the deletion of a Rs 4.07 crore addition.
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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
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