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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Disallowance u/s 14A - voluntarily disallowance made was more ...


Taxpayer's Excess Disallowance u/s 14A Exceeds Dividend Income; Assessing Officer's Additional Disallowance Overturned.

June 25, 2019

Case Laws     Income Tax     AT

Disallowance u/s 14A - voluntarily disallowance made was more than dividend income received - further disallowance made by the AO and confirmed by CIT(A)is not warranted in the facts and circumstances

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