ITAT Ahmedabad held that no disallowance under Section 43B of the Act can be made when deduction is not claimed in the profit and loss account [P&L account], and the liability is disclosed as a ...

Ahmedabad: In a decision offering relief to a local businessman, the Income Tax Appellate Tribunal (ITAT) Ahmedabad bench has overturned an addition of ₹27.37 lakh to the income of an individual ...

There exists in Raleigh a fashion wonderland where Mother’s Day shopping transforms from an obligation into an adventure: Uptown Cheapskate. Let’s face it—buying mom another scented candle or garden ...