AdvertisementNaresh Gupta Vs ACIT (ITAT Jaipur) The Income Tax Appellate Tribunal (ITAT), Jaipur, considered an appeal filed by the assessee against the order of the Commissioner of Income Tax (Appeals) dated 26.09.2025 arising from the assessment order passed under Section 143(3) of the Income-tax Act, 1961 for the relevant assessment year. The appeal involved three issues relating to disallowance of LIC commission expenses, disallowance of NCDEX margin shortfall charges under Section 37, and disallowance of interest expenditure under Section 36(1)(iii). The first ground related to the disallowance of ₹...