#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Disallowance u/s. 14A cannot exceed exempt income, No S. 14A Disallowance in the absence of nexus between exempt Income and Interest Cost
Income Tax
Income Tax
Interest cannot be disallowed if assessee had ample funds at the time of investing in subsidiary companies
Income Tax
Income Tax
Disallowance for diverting interest bearing funds into tax-free income
Income Tax
Income Tax
Disallowance u/s 14A of interest on borrowed funds was not permissible if investment in shares was made out of own funds
Income Tax
Income Tax
Section 14A disallowance – Revenue cannot dictate assessee that how the assessee should use its own fund
Income Tax
Income Tax
Disallowance U/s.14A can not be made for Depreciation and for deduction allowable to Assessee under chapter VIA of the Income Tax Act, 1961
Income Tax
Income Tax
Where shares are held as stock-in-trade no part of interest on borrowed funds can be disallowed u/s 14A as incurred in relation to Dividend income
Income Tax
Income Tax
A Fresh look at disallowance under section 14A of Income-Tax Act, 1961
Income Tax
Income Tax
Proviso to Section 14A bars reassessment but not original assessment on the basis of the retrospective amendment
Income Tax
Income Tax
Administrative expenses can not be disallowed under section 14A
Income Tax
Income Tax
No Disallowance u/s. 14A of interest on borrowed funds if AO does not show nexus between borrowed funds and tax-free investment
Income Tax
Income Tax
No section 14A disallowance for personal tax-free investments if business expenditure not disallowed on ground of being for personal purposes
Income Tax
Income Tax
Section 14A law laid down in Minda Investments cannot be followed as in the later decisions similar matters have been restored to the file of the AO
Income Tax
Income Tax
