Disallowance while computing the profit u/s 115JB - disallowance ...

Case Laws Income Tax

June 17, 2020

Disallowance while computing the profit u/s 115JB - disallowance limited on an ad-hoc basis @ 1 % of the exempted income under the clause (f) to Explanation-1 of Sec. 115JB of the Act subject to the condition that the disallowance shall not exceed the amount of disallowance determined by the authorities below under the provisions of section 14A r.w.r. 8D of Income Tax Rules.

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Disallowance while computing the profit u/s 115JB - disallowance ...

Case Laws Income Tax

June 17, 2020

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