#Section 14A
Log in to FollowDisallowance under Section 14A of Income TAx Act, 1961
Income Tax
Income Tax
Disallowance U/s. 14A of expenditure incurred in relation to exempt income
Income Tax
Income Tax
If no expenditure has been incurred to exempt income no disallowance under section 14A can be made
Income Tax
Income Tax
Section 14A not applicable if investment in shares not made out of borrowed funds and depreciation allowable on goodwill and non-compete fees
Income Tax
Income Tax
Disallowance under section 14A and for expenses for increase in share capital not attracted in the case of life insurance companies
Income Tax
Income Tax
Sub-sections (2) and (3) of sec. 14A and Rule 8D are constitutionally valid
Income Tax
Income Tax
Deduction for interest on Loan fund utilised in share purchases allowable only if the Shares are held as stock-in-trade and not as investment: HC
Income Tax
Income Tax
Rule 8D applies from AY 2008-09, for earlier years disallowance can be worked on reasonable basis
Income Tax
Income Tax
Supreme Court upheld Dividend-Stripping Law
Income Tax
Income Tax
If assessee’s income not exempt u/s. 10 rather same was eligible for deduction u/s. 80P, assessee’s case was not hit by provisions of section 14A
Income Tax
Income Tax
Summary of points to be discussed on Disallowance u/s. 14A read with. Rule 8D & Discussion on Daga Capital Judgment of Mumbai ITAT
Income Tax
Income Tax
Bombay high court to hear petition challenging Constitutional validity of Rule 8D
Income Tax
Income Tax
Recent judgement of Punjab & Haryana HC on disallowance U/s. 14A of I.T. Act, 1961
Income Tax
Income Tax
Rule 8D of the Income Tax Rules – Whether prospective or retrospective?
Income Tax
Income Tax
