#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Notional interest income cannot be estimated for disallowing interest expenditure
Income Tax
Income Tax
Corporate Guarantee facility provided to overseas AE is international transaction
Income Tax
Income Tax
Disallowance towards investment made out of interest free own funds unjustified
Income Tax
Income Tax
Interest free loan to non-related company without registered MOU creates reasonable doubt
Income Tax
Income Tax
Disallowance u/s 14A against Expenses for Exempt Income, Not Taxable Income
Income Tax
Income Tax
No Disallowance under section 14A if assessee not earned any exempt income
Income Tax
Income Tax
Provisions of section 14A r.w.r. 8D cannot be invoked in absence of any exempt income
Income Tax
Income Tax
Subsidy received for establishing an industrial unit in backward area is capital receipt
Income Tax
Income Tax
Provisions of section 14A doesn’t apply in banking companies were shares & securities are held as stock
Income Tax
Income Tax
Directions issued by superior authorities are binding on Assessing Officer
Income Tax
Income Tax
Transfer of land from subsidiary to holding is not covered u/s 45 hence claim of LTCG not allowable
Income Tax
Income Tax
Strategic investment not part of average value of investment for disallowance u/r 8D(2)(iii) as no exempt income earned
Income Tax
Income Tax
Transfer of Renewable Energy Certificate is capital and not taxable as business income
Income Tax
Income Tax
