Rule 8D can not be applied without giving reasons. Unless AO rejects explanation of the assessee with some reasoning, mere…
Income Tax Rule 8D is prospective in operation and could not apply to any assessment year prior to AY 2008-09 - Supreme Court settles the law…
Disallowance us 14A(2)-AO need not resort to Rule 8D always. AO is entitled to make disallowance u/s 14A(2), Rules cannot…
Rule 8D not applicable to shares held as stock in trade. Calcutta High Court upheld ITAT judgment deleting disallowance made…
Rule 8D Amendment CBDT Notification 43/2016. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES…
No disallowance us 14A on presumption only-If the assessee has not claimed any expenditure on exempt income and there can…
In a recent judgment, ITAT, Amritsar has upheld the disallowance u/s 14A read with Rule 8D where major part of partners…
Disallowance u/s 14A Rule 8D3-Computation of total Assets include current liabilities also ITAT Delhi in a recent judgment has remanded…
Computation of disallowance u/s 14A , Rule 8D-Bank Charges for Export Service not includible ITAT Delhi in a recent judgment…
Green tea leaves cess allowed on 100 % composite income before applying Income Tax Rule 8D HIGH COURT AT CALCUTTA…