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

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 payments made to the non-residents engaged in providing services and facilities in connection with supplying plant and machinery on hire or to be used in prospecting for or extraction of or production of mineral oils – Whether where there is no record date for relevant schemes for which it had received dividend, no disallowance can be made u/s 94(7)?

Whether the assessee is not entitled to claim expenses u/s 35D as amortization of preference shares issued for purchase of rig as it was under refurbishment and was yet to be put to use and was shown under the head `Capital Work in Progress’?