#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
TDS deductible on professional & technical services fees for developing of web enabled software
Income Tax
Income Tax
Section 45(5A) inserted vide Finance Act 2017 doesn’t have retrospective effect
Income Tax
Income Tax
Disallowance u/s 36(1)(iii) unsustainable as advance given during normal course of business
Income Tax
Income Tax
Mere proving identity of creditor is insufficient, genuineness of transaction is also to be proved
Income Tax
Income Tax
Disallowance of expense u/s 14A unsustainable as investment in shares were stock-in-trade
Income Tax
Income Tax
Disallowance u/s. 14A of Income Tax Act cannot exceed exempt income
Income Tax
Income Tax
Deduction u/s 80IA available as cost of imported power is charged before computing eligible deduction
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
