2019 (9) TMI 205 - SCH - Income Tax

Disallowance under Section 14A - Payment of brokerage expenses - allowable expenditure u/s 37- Membership receipt towards club membership - HELD THAT - SLP dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition after condoning the delay. Key names: Justice Rohinton Fali Nariman, Justice Surya Kant. Petitioner's representatives: Mr. Zoheb Hossain, Mr. D.L. Chidananda, Mr. Anirudh Bhakhru, Mrs. Anil Katiyar. Respondent's representatives: Ms. Kavita Jha, Ms. Devika Jain.