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 ?Please become a Premium member. If you are already a Premium member, login here to access the full content.