#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
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
Disallowance u/s 14A cannot be subject matter of disallowance under 115JB
Income Tax
Income Tax
Reopening of assessment for mere change of opinion untenable in law
Income Tax
Income Tax
Disallowance u/s 14A restricted to amount of exempt income
Income Tax
Income Tax
Expense reduced from export turnover should also be reduced from total turnover for calculating deduction u/s 10AA
Income Tax
Income Tax
Shares can be hold as both investment and stock-in-trade
Income Tax
Income Tax
