Corporate TaxArticle·16 July 2026
ITAT Remands GST Turnover addition
By J the App
Executive Summary
The IITAT set aside an addition made under Section 44ADA on account of an alleged mismatch between GST turnover and professional receipts disclosed in the income tax return.
The Tribunal held that the assessee's explanation regarding inclusion of rental income in GST turnover and the alleged incorrect adoption of GSTR-1 figures required proper verification.
Domain | Direct Tax | Corporate Tax
Background
The assessee, an individual e...
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