| Court: | Income-tax Appellate Tribunal, Mumbai |
| Head Notes: | The Judgment of Supreme Court in CIT vs. Apex Laboratories (442 ITR 1) does not ipso facto mean that expenses are disallowable under section 37(1) of the Act, the same requires investigation into facts. Therefore, the Assessing Officer cannot rectify the assessment under section 154 of the Act. |
| Law: | Income-Tax Act |
| Section(s): | Section 154, 37(1) |
| Counsel(s): | Nishant Thakkar, Hiten Chande |
| Dowload Pdf File | Click here to download the file in pdf format |
| Uploaded By | Jainam Lodha |
| Date of upload: | July 5, 2023 |
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