Top Stories Asian Paints fails to Furnish Necessary Details for Supporting Deduction Claim of Sundry Balances Written Off:

ITAT directs to File Necessary Documents [Read Order] The ITAT has directed Asian Paints to file necessary documents after the company failed to furnish supporting details for its deduction claim of sundry balances written off. By Aiswarya Krishnadas .The ITAT has directed Asian Paints to file necessary documents after the company failed to furnish supporting details for its deduction claim of sundry balances written off.  The Asian Paints has written off various old balances lying in its books of accounts. During the assessment proceedings, the assessee was asked to show as to how…

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