S. 14A disallowance cannot be made merely based on Audit Report

M/s IMC Ltd. Vs. ACIT (ITAT Kolkata)

Ld. AO had merely made the dis allowance u/s 14A by placing reliance on the tax audit report without even going into the very basis of the workings of the said amount arrived at by the tax auditor. During the y

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