ITAT allows Tax Neutral Disallowance-Novartis India case

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE

 

Dated: 16.11.2022

ITAT allows Tax Neutral Disallowance

 

 

The Income Tax Appellate Tribunal (ITAT), Mumbai allowed tax neutral disallowance thereby granting relief to M/s. Novartis India Limited. The issue is in relation to the adjustment of excess and short year-end provision.

Source: Income Tax Appellate Tribunal Mumbai (ITAT) Order

Download ITAT Order Below:

ITAT Order-NOVARTIS INDIA LIMITED

 

 

 

Some of Our Major/Reputed Clients:

  1. Winomechanic Pvt Ltd, Chennai
  2. LSML Pvt Ltd, Chennai
  3. Sun Pharmaceutical Limited, Mumbai
  4. Liberty Shoes Limited, Karnal
  5. Guangzhou Xiongli Battery Co, Ltd, China
  6. Shanutec Shanghai Electronic Technology Co, Ltd, China
  7. Audiophile India Pvt Ltd, Delhi
  8. Viralcurry Digital Pvt Ltd, Delhi
  9. The Plume Cosmetics, Delhi
  10. Emami Limited, Kolkata
  11. Leitner Group Europe

 

In case you still face any issues related to EXIM Policies, Customs procedures, Indirect Tax related compliance procedures and Indirect Tax and Litigation matters then please feel free to get in touch with us at the below given email IDs.

Come and explore the new way of doing business with us!

 

#NOVARTISINDIA #NOVARTIS #ITAT #INCOMETAX #INCOMETAXLITIGATIONS #INCOMETAXAPPELLATETRIBUNAL #PWC #GRANTTHORNTON #KPMG #EY #ERNSTANDYOUNG

 

Connect with us

@ Team S.J. EXIM SERVICES, New Delhi

CP: Mr. Ravi Jha/+91-9999005379

Web: www.sjexim.services  I www.sjeximtech.com  (reinvented version coming soon)

EMAIL: intelconsul@gmail.com I operations@sjexim.services I ravi.jha@sjexim.services

Facebook: www.facebook.com/sjeximservices

 

“Indirect Tax & Litigations Advisory”

 

NOTE: All Inquiries are solicited via email only
Disclaimer: Please refer to the original source before effecting any decision