https://www.taxtmi.com/caselaws?id=416527 The Tribunal allowed the appeal filed by the assessee, emphasizing that the disallowance of GST outstanding not routed through the profit & loss account under section 43B was not justified based on the evidence and legal precedents presented during the proceedings. The Tribunal overturned the order of the CIT(A) and ruled in favor of the appellant, citing that the addition made on account of GST payable was not routed through the profit & loss account, hence disallowance was unwarranted. en-us Wed, 29 Dec 2021 00:00:00 +0530 Fri, 31 Dec 2021 08:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416527 The Tribunal allowed the appeal filed by the assessee, emphasizing that the disallowance of GST outstanding not routed through the profit & loss account under section 43B was not justified based on the evidence and legal precedents presented during the proceedings. The Tribunal overturned the order of the CIT(A) and ruled in favor of the appellant, citing that the addition made on account of GST payable was not routed through the profit & loss account, hence disallowance was unwarranted. Case-Laws Income Tax Wed, 29 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416527