Day: July 9, 2018

Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A must be objective – SC dismisses Revenues SLP

Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A has  to  be  an  objective satisfaction with notice and opportunity to assessee-Supreme Court dismisses Revenue’s SLP  ABCAUS Case Law Citation: ABCAUS 2404 (2018) 07 SC The assessee was a limited company. In its Return of Income for the relevant Assessment Year it had on  its  …
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