#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Motor vehicle being a self-propelled vehicle eligible for depreciation @33.40%
Corporate Law
Corporate Law
State failed to take steps for recovery of dues hence recourse to HPLR Act not sustainable
Income Tax
Income Tax
Revisional jurisdiction u/s 263 not invocable merely because PCIT may entertain different view
Income Tax
Income Tax
No section 14A disallowance based on assumption of tax-free income in future
Income Tax
Income Tax
Book profit u/s. 115JB cannot be computed by including disallowance u/s 14A
Income Tax
Income Tax
State cannot tax benefit of wrong section 14A disallowance made by Assessee
Income Tax
Income Tax
TDS not deductible on payment for making use of shrink wrap computer software
Income Tax
Income Tax
Revisional power u/s 263 unsustainable as order passed is neither erroneous nor prejudicial to interest of revenue
Income Tax
Income Tax
Enquiring on issues other than limited scrutiny issue before conversion into complete scrutiny is bad-in-law
Income Tax
Income Tax
Royalty payment and R&D on royalty both allowable as revenue expenditure
Income Tax
Income Tax
AO cannot invoke rule 8D(2)(ii) of Income Tax Rules without examining claim made by assessee
Income Tax
Income Tax
Amendment to section 14A by Finance Act, 2022 applies Prospectively w.e.f AY 2022-23
Income Tax
Income Tax
Disallowance of interest u/s 14A r.w rule 8D unsustainable as borrowed funds not utilized for making investment
Income Tax
Income Tax
