#Section 14A
Log in to FollowDisallowance under Section 14A of 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
Disallowance U/s. 14A Read with Rule 8D- onus on Assessing Officer to show nexus between expenditure and tax-free income
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
