![Disallowance u/s 14 A is not permissible When Assessee does not have Exempt Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-Assessee-Exempt-Income-ITAT-taxscan.jpg "Disallowance u/s 14 A is not permissible When Assessee does not have Exempt Income: ITAT [Read Order]")
Disallowance u/s 14 A is not permissible When Assessee does not have Exempt Income: ITAT [Read Order]
Bangalore the Income Tax Appellate Tribunal (ITAT) has held that the disallowance u/s 14 A rws 8D of the Income Tax Act,1961 is not permissible when...
![Management Fee not taxable in India under India-USA DTAA: ITAT deletes Disallowance u/s 40(a)(i) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Management-taxable-India-USA-DTAA-ITAT-Disallowance-TAXSCAN.jpg "Management Fee not taxable in India under India-USA DTAA: ITAT deletes Disallowance u/s 40(a)(i) [Read Order]")
![No Exempted Income: ITAT deletes Disallowance u/s14A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Exempted-Income-ITAT-Disallowance-Income-Tax-Act-TAXSCAN.jpeg "No Exempted Income: ITAT deletes Disallowance u/s14A of Income Tax Act [Read Order]")
![Payments made as Expense onsite project to third party vendors not liable to TDS, disallowance made u/s 40(a)(i) not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Payments-Expense-vendors-TDS-disallowance-ITAT-taxscan.jpeg "Payments made as Expense onsite project to third party vendors not liable to TDS, disallowance made u/s 40(a)(i) not permissible: ITAT [Read Order]")
![Disallowance of Depreciation under MAT Provisions for Adjustments in Book of Profit does not Attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-Depreciation-MAT-Provisions-Book-of-Profit-Penalty-ITAT-taxscan.jpg "Disallowance of Depreciation under MAT Provisions for Adjustments in Book of Profit does not Attract Penalty: ITAT [Read Order]")
![Relief to Toyota India: ITAT deletes Disallowance u/s 14A [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Toyota-India-ITAT-Disallowance-taxscan.jpeg "Relief to Toyota India: ITAT deletes Disallowance u/s 14A [Read Order]")
Disallowance of Expenditure on Estimated or Notional basis does not attract Penalty provision u/s 271: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench has held that disallowance of expenditure on an estimated or notional basis does not attract penalty provision under section 271. During the...
![Disallowance of Expenditure on Estimated or Notional basis does not attract Penalty provision u/s 271: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Disallowance-Expenditure-Notional-basis-Penalty-provision-taxscan.jpg "Disallowance of Expenditure on Estimated or Notional basis does not attract Penalty provision u/s 271: ITAT [Read Order]")
Section 194C (6) & (7) are independent of each other and cannot be read together to attract Disallowance u/s 40(a)(ia): ITAT quashes Rectification Order [Read Order]
Section 194C (6) & (7) are independent of each other and cannot be read together to attract disallowance u/s 40(a)(ia), the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) quashed the...
![Section 194C (6) & (7) are independent of each other and cannot be read together to attract Disallowance u/s 40(a)(ia): ITAT quashes Rectification Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/independent-disallowance-ITAT-rectification-order-taxscan.jpg "Section 194C (6) & (7) are independent of each other and cannot be read together to attract Disallowance u/s 40(a)(ia): ITAT quashes Rectification Order [Read Order]")
Deletion of Disallowance u/s 40(a) not valid in the Absence of Verification on Inclusion of Amount in Income: ITAT [Read Order]
The Income Tax Appellate Tribunal Ahmedabad “C” Bench has recently, while allowing an appeal filed by the Revenue, held that deletion of disallowance under section 40(a) is not valid in the absence...
![Deletion of Disallowance u/s 40(a) not valid in the Absence of Verification on Inclusion of Amount in Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-Income-ITAT-taxscan.jpg "Deletion of Disallowance u/s 40(a) not valid in the Absence of Verification on Inclusion of Amount in Income: ITAT [Read Order]")
Disallowance on account of TDS payable not sustained When Assessee has Shown Expenditure in his Accounts: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) New Delhi has held that disallowance on account of TDS payable is not sustained when the assessee has shown the expenditure in his account. The assessee,...
![Disallowance on account of TDS payable not sustained When Assessee has Shown Expenditure in his Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Disallowance-TDS-Assessee-Expenditure-ITAT-TAXSCAN.jpeg "Disallowance on account of TDS payable not sustained When Assessee has Shown Expenditure in his Accounts: ITAT [Read Order]")
Expenditure on Technical Know-How Fees is Revenue Expenditure: ITAT deletes Disallowance made by AO [Read Order]
Expenditure on technical know-how fees is revenue expenditure, Income Tax Appellate Tribunal (ITAT), Delhi bench consisting of Anil Chaturvedi, Accountant Member and N K Choudhary, Judicial Member...
![Expenditure on Technical Know-How Fees is Revenue Expenditure: ITAT deletes Disallowance made by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Technical-know-how-fees-revenue-expenditure-ITAT-disallowance-AO-Taxscan.jpeg "Expenditure on Technical Know-How Fees is Revenue Expenditure: ITAT deletes Disallowance made by AO [Read Order]")
Wastage of Oil due to Diesel and Petrol Tank breakage: ITAT deletes Disallowance as reasons for Wastage properly provided [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune deleted disallowance as reasons for wastage properly provided on wastage of oil due to Diesel and Petrol tank breakage. The assessee, M/s. Mohammad...
![Wastage of Oil due to Diesel and Petrol Tank breakage: ITAT deletes Disallowance as reasons for Wastage properly provided [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Wastage-of-oil-Diesel-and-Petrol-tank-breakage-ITAT-disallowance-taxscan.jpeg "Wastage of Oil due to Diesel and Petrol Tank breakage: ITAT deletes Disallowance as reasons for Wastage properly provided [Read Order]")