Monday, July 1, 2019

SC dismissed SLP against HC's ruling that no sec. 14A disallowance if no exempt income was earned

INCOME TAX: Where High Court upheld Tribunal's order holding that in absence of any exempt income reported by assessee, disallowance could not be made under section 14A, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/2Xdcoyj

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...