#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Disallowance u/s 14A restricted to the extent of exempt income
Income Tax
Income Tax
Disallowance Under Section 14A Cannot Exceed Exempt Income: ITAT Delhi
Income Tax
Income Tax
Penalty not leviable as disallowance u/s 14A made on estimate basis
Income Tax
Income Tax
Amount transferred to reverse fund is to be included for computation of income of NBFC
Income Tax
Income Tax
Foreign Currency Convertible Bond expenses included as FCCB premium expense is allowable
Income Tax
Income Tax
Interest on money borrowed for business is allowable as business expenditure
Income Tax
Income Tax
Income tax law never contemplates to apply Section 14A to a taxable income
Income Tax
Income Tax
Section 43A specifies that additional amount paid due to fluctuation is capital expenditure
Income Tax
Income Tax
Gift to persons who work for company is allowable as business expenditure
Income Tax
Income Tax
Addition towards disallowance u/s 14A to book profit computed u/s 115JB is unsustainable
Income Tax
Income Tax
Depreciation allowed on payment of non-compete fee for business purpose
Income Tax
Income Tax
Disallowance u/s 14A untenable on mechanical application of rule 8D
Income Tax
Income Tax
Reopening u/s 147 without recording specific reasons is invalid
Income Tax
Income Tax
