Non Satisfaction of AO to suo moto disallowance by assessee u/s 14A must be objective – SC dismisses Revenues SLP
July 9, 2018
Income Tax, Supreme Court
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 …