![Section 14A Disallowance cant exceed Exempt Income earned during the AY: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/Disallowance-income-ITAT-Taxscan.jpg "Section 14A Disallowance cant exceed Exempt Income earned during the AY: ITAT [Read Order]")
Section 14A Disallowance can't exceed Exempt Income earned during the AY: ITAT [Read Order]
The Banglore Bench of Income Tax Appellate Tribunal (ITAT) ruled that Section 14A Disallowance cannot exceed exempt income earned during the...
![Relief to Ceebros Hotels: Madras HC deletes Disallowance as Substantial Activities done to Show Property purchased is Put to Use [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/10/Ceebros-Hotels-Madras-High-Court-Disallowance-Taxscan.jpeg "Relief to Ceebros Hotels: Madras HC deletes Disallowance as Substantial Activities done to Show Property purchased is Put to Use [Read Order]")
![Income Tax: ITAT deletes Disallowance on Finance Charges [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-disallowance-finance-charges-Taxscan.jpg "Income Tax: ITAT deletes Disallowance on Finance Charges [Read Order]")
![ITAT deletes Disallowance made on Bonus, Commission paid to the Directors as per Agreements of Appointment [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/ITAT-disallowance-bonus-agreements-of-appointment-Taxscan.jpg "ITAT deletes Disallowance made on Bonus, Commission paid to the Directors as per Agreements of Appointment [Read Order]")
![Disallowance under S.40A(3) Income Tax Act not Allowed where Genuineness Of Transaction not Doubted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Disallowance-IT-Act-Genuineness-Of-Transaction-ITAT-Taxscan.jpeg "Disallowance under S.40A(3) Income Tax Act not Allowed where Genuineness Of Transaction not Doubted: ITAT [Read Order]")
![ITAT restricts the disallowance to the Accommodation entries [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-disallowance-accommodation-entries-Taxscan.jpg "ITAT restricts the disallowance to the Accommodation entries [Read Order]")
Karnataka High Court quashes disallowance of 10% expenses paid to port workers as incentives [Read Judgment]
The Karnataka High Court quashed the disallowance of 10% expenses paid to port workers as incentives. The assessee, Ganesh Shipping Agency is a partnership firm engaged in the business as clearing...
![Karnataka High Court quashes disallowance of 10% expenses paid to port workers as incentives [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/02/Karnataka-High-Court-disallowance-port-workers-incentives-Taxscan.jpg "Karnataka High Court quashes disallowance of 10% expenses paid to port workers as incentives [Read Judgment]")
![No 100% disallowance for Bogus purchase when Sales are not doubted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/disallowance-bogus-purchase-sales-ITAT.jpg "No 100% disallowance for Bogus purchase when Sales are not doubted: ITAT [Read Order]")
ITAT deletes disallowance as the Payments were not chargeable to Tax as Employees of AEs working for Taxpayer [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench deleted the disallowance under Section 40(a)(i) as the payments were not chargeable to tax as employees of Associated Enterprises (AEs) working...
![ITAT deletes disallowance as the Payments were not chargeable to Tax as Employees of AEs working for Taxpayer [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-disallowance-payments-employees-of-AEs-taxpayer-Taxscan.jpg "ITAT deletes disallowance as the Payments were not chargeable to Tax as Employees of AEs working for Taxpayer [Read Order]")
Payments made to non-resident for acquiring off-the-shelf Software isn’t Royalty, No obligation to deduct TDS: ITAT deletes disallowance against Infosys [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench while deleting the disallowance against Infosys BPM Ltd. held that payments made to non-resident for acquiring off-the-shelf software are not...
![Payments made to non-resident for acquiring off-the-shelf Software isn’t Royalty, No obligation to deduct TDS: ITAT deletes disallowance against Infosys [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Payments-shelf-Software-Royalty-obligation-to-deduct-TDS-ITAT-deletes-disallowance-Infosys-Taxscan.jpg "Payments made to non-resident for acquiring off-the-shelf Software isn’t Royalty, No obligation to deduct TDS: ITAT deletes disallowance against Infosys [Read Order]")
![No disallowance of Interest on Borrowed Capital for Business purposes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/disallowance-Interest-Borrowed-Capital-Business-purposes-ITAT-Taxscan.jpg "No disallowance of Interest on Borrowed Capital for Business purposes: ITAT [Read Order]")
Relief to Acer India: ITAT deletes disallowance on purchase of Software for non-deduction of TDS [Read Order]
The Income Tax Appellate Tribunal (ITAT), Banglore Bench deleted the disallowance on purchase of software for non-deduction of Tax at Source. The assessee, M/s. Acer India Private Limited is...
![Relief to Acer India: ITAT deletes disallowance on purchase of Software for non-deduction of TDS [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Acer-India-ITAT-disallowance-purchase-of-Software-non-deduction-TDS-Taxscan-1.jpeg "Relief to Acer India: ITAT deletes disallowance on purchase of Software for non-deduction of TDS [Read Order]")