Reduction of disallowance u/s 14A suo-moto in revised return - ...

Assessee's attempt to lower Section 14A disallowance in revised tax return fails due to lack of evidence.

February 5, 2016

Case Laws Income Tax AT

Reduction of disallowance u/s 14A suo-moto in revised return - assessee could not demonstrate before the AO as to how the expenditure it has added back relating to earning of exempt income were inflated or added back under mistaken fact. - AT

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Reduction of disallowance u/s 14A suo-moto in revised return - ...

Assessee's attempt to lower Section 14A disallowance in revised tax return fails due to lack of evidence.

February 5, 2016

Case Laws Income Tax AT

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