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Income Tax

DCIT Vs M/s Aban Offshore Ltd (ITAT Chennai)

Case Law Details

Case Name
The Deputy Commissioner of Income Tax Vs M/s Aban Offshore Ltd. (ITAT Chennai)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2005- 06
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DCIT Vs M/s Aban Offshore Ltd. (ITAT Chennai)- Whether when the assessee earns dividend income, dis allowance of administrative expenditure incurred, directly or indirectly, can be made even without rule 8 provided AO is able to link the same to earning of the income? Whether dis allowance u/s 40(a)(ia) is warranted for deduction of tax @ 1% on subcontract where the sub-contract is entered into to fulfill the conditions of the main contract and the same is not independent to the main contract ? Whether the assessee is right in deducting tax @ 4% being 10% of 40% of tax rate u/s 44BB on the...
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