Case Law Details
Case Name : Kuntal Hasmukhlal Shah Vs ACIT (ITAT Mumbai)
Related Assessment Year : 2017-18
Courts :
All ITAT ITAT Mumbai
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Kuntal Hasmukhlal Shah Vs ACIT (ITAT Mumbai)
Section 14A Cannot Disallow Expenditure Never Claimed: ITAT Mumbai Deletes Entire Disallowance
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) deleted a disallowance of ₹13.76 lakh made under section 14A read with Rule 8D for AY 2017–18, holding that expenditure not claimed as a deduction in the return of income cannot be disallowed.
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
