#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
No Section 14A Disallowance if No Expenditure Claimed in P&L accounts
Income Tax
Income Tax
Disallowance u/s 14A in absence of exempt income unsustainable
Income Tax
Income Tax
Late TDS Deposit Interest not deductible as Business Expenditure
Income Tax
Income Tax
Disallowance of staff welfare expenditure resorting to adhoc base unsustainable
Income Tax
Income Tax
Initiation of Re-assessment u/s 147 Requires new Tangible Material: ITAT
Income Tax
Income Tax
Granting one day time to furnish reply against notice issued unjustified
Income Tax
Income Tax
ITAT allows Electricity expenses which were disallowed on mere presumptions
Income Tax
Income Tax
No Reassessment for Appealed Issues
Income Tax
Income Tax
Business Nexus Required for Allowance of Bad Debts Claim: ITAT
Income Tax
Income Tax
Expense incurred for earning only exempt income is not allowable as deduction
Income Tax
Income Tax
Section 36(1)(viia) Deduction for Bad & Doubtful Debts Allowed Regardless of Rural & Non-Rural Advances
Income Tax
Income Tax
Interest on Compulsory Convertible Debentures deductible u/s 36(1)(iii)
Income Tax
Income Tax
Refund issued will first be adjusted against interest and then against principal amount
Income Tax
Income Tax
