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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

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