dis- allowance

CBDT declares that no disallowance for exempt income if the securities are stock-in-trade 5 min read

• Income Tax

CBDT declares that no disallowance for exempt income if the securities are stock-in-trade

Baisakhi Ganguly 8 years ago

The Special Jurisdiction (Income Tax) of the Hon’ble High Court at Calcutta, Original side, with reference to the circular dated 11.02.2014 passed by the Central... Read More

Provisions of Section 194C (6) do not depend upon Section 194C (7) 4 min read

• Income Tax

Provisions of Section 194C (6) do not depend upon Section 194C (7)

Baisakhi Ganguly 9 years ago

The Income Tax Tribunal at Kolkata in the case of Soma Rani Ghosh vs. Deputy Commissioner of Income Tax numbered as I.T.A. No. 1420 /Kol./... Read More

Assessing Officer to examine the accounts carefully before making dis allowance under section 14A 4 min read

• Income Tax

Assessing Officer to examine the accounts carefully before making dis allowance under section 14A

Baisakhi Ganguly 9 years ago

The Honorable Delhi High Court in the case of Pradeep Khanna vs. ACIT, Circle 30(1) Delhi, I.T.A. no. 953/2015 has held that Assessing Officer should... Read More