#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Disallowance u/s 14A cannot be more than exempt income
Income Tax
Income Tax
Law Doesn’t Mandate establishment of Nexus Between Interest-Free Funds & Exempt Income Investments by assessee
Income Tax
Income Tax
Penalty u/s 271(1)(c) not leviable in absence of concealment of particulars of income
Income Tax
Income Tax
Subsidy from Government under Focus Market Scheme is revenue receipt
Income Tax
Income Tax
No addition u/s 41 for opening balance of trade payables in absence of verification of parties
Income Tax
Income Tax
Section 153A Assessment: Addition in Unabated Year Requires Incriminating Material
Income Tax
Income Tax
Revisionary order u/s 263 without giving finding that profit declared is erroneous is untenable
Income Tax
Income Tax
Amount for use of transponder of telecommunication service charges doesn’t qualify as royalty
Income Tax
Income Tax
Provisions of section 28(va) doesn’t apply in case of termination of call option
Income Tax
Income Tax
Invocation of section 263 unjustified as order passed after considering information
Income Tax
Income Tax
No tax is payable on interest accrued as fixed deposit is under prohibitory order
Income Tax
Income Tax
Section 14A gets applicable when shares are held as stock-in-trade and dividend income is exempt u/s. 10(34)
Income Tax
Income Tax
Disallowance under rule 8D(2)(ii) unjustified as interest bearing funds not applied for making investments
Income Tax
Income Tax
