#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Deduction u/s 36(1)(ii) Allowed for Bonus Paid to Directors who are Shareholder of Company
Income Tax
Income Tax
ITAT deletes Addition of sales tax incentive receipt in case of RIL
Income Tax
Income Tax
Interest disallowance Justified if Commercial Expediency not established
Income Tax
Income Tax
Section 14A Disallowance r.w. Rule 8D cannot exceed Exempt Income
Income Tax
Income Tax
ITAT Deletes section 14A disallowance made without following procedures
Income Tax
Income Tax
Revenue to establish proximate relationship between expenditure & exempt income for section 14A disallowance
Income Tax
Income Tax
No section 14A disallowance if no exempt income is received during relevant year
Income Tax
Income Tax
No Section 14A disallowance without Recording Proper Satisfaction
Income Tax
Income Tax
No section 36(1)(iii) disallowance unless Direct Nexus between Borrowed Funds & Capital Withdrawals
Income Tax
Income Tax
AO cannot dispute profitability of eligible unit If not disputed ALP of transactions covered u/s 80IA(8)
Income Tax
Income Tax
Section 14A disallowance not applicable to Insurance Companies
Income Tax
Income Tax
No Addition u/s 14A for Non Consideration of Share Application Money as Investment Yielding Exempt Income
Income Tax
Income Tax
Section 14A disallowance should be as per Rule 8D Calculation Method
Income Tax
Income Tax
