Disallowance u/s 14A - though the tribunal directs the assessee ...

Tribunal Error: Lacks Guidance for Assessing Officer on Steps Post-Assessee Submission u/s 14A Expenditure Calculation.

July 15, 2020

Case Laws Income Tax HC

Disallowance u/s 14A - though the tribunal directs the assessee to work out the expenditure component towards administrative and managerial aspect so that the same shall be disallowed in the computation of income, but has not issued any specific directions to the AO as to what has to be done after the assessee files the working sheet. Therefore, to that extent the tribunal has committed an error.

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Disallowance u/s 14A - though the tribunal directs the assessee ...

Tribunal Error: Lacks Guidance for Assessing Officer on Steps Post-Assessee Submission u/s 14A Expenditure Calculation.

July 15, 2020

Case Laws Income Tax HC

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