#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Foreign exchange loss attributable to material purchase is revenue expense
Income Tax
Income Tax
Physical fitness expenditure not incurred wholly and exclusively for profession duly disallowed
Income Tax
Income Tax
Treating purchases as bogus unjustified if sales duly accepted
Income Tax
Income Tax
Delhi HC allows Adjustment of Actual Interest Expenditure Against Interest Income
Income Tax
Income Tax
No Section14A read with Rule 8D Disallowance in Absence of Exempt Income
Income Tax
Income Tax
Disallowance under Section 14A cannot exceed exempt income: Delhi High Court
Income Tax
Income Tax
Disallowance of interest on loan given to subsidiary unjustified as investment was purely for commercial expediency
Income Tax
Income Tax
Expenditure for Earning Exempt Income Inadmissible under Section 14A: SC
Income Tax
Income Tax
Bank guarantees are different from corporate guarantees; HC accepts 0.5% Guarantee Commission Rate
Income Tax
Income Tax
Subsidy by State Government for development of new Multiplexes is capital in nature
Income Tax
Income Tax
Education Cess not allowable expenditure u/s 37(1)
Income Tax
Income Tax
Section 14A Disallowance Cannot Surpass Exempt Income: Delhi HC
Income Tax
Income Tax
ITAT Decision on Treatment of Loss on Sale of Loans in Clix Finance
Income Tax
Income Tax
