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Expenditure Attributable to Earning Exempt Income has to be Disallowed u/s 14A of Income Tax Act, Cannot be Treated as Business Expenditure: Supreme Court Rules In Favour of PNB Housing Finance
As a ruling in favour of PNB Housing Finance, the Supreme Court has held that expenditure attributable to earning exempt income has to be disallowed...
![Service Tax Collected in supply of plant and Machinery for Extraction of Mineral Oils in India Liable to be Included in amount of Presumptive Taxable Income: Supreme Court Dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/SLP-SUPREME-COURT-Presumptive-Taxable-Income-TAXSCAN.jpg "Service Tax Collected in supply of plant and Machinery for Extraction of Mineral Oils in India Liable to be Included in amount of Presumptive Taxable Income: Supreme Court Dismisses SLP [Read Order]")
![Supreme Court Condones Delay of SLP filed by Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Supreme-Court-Condones-Delay-SLP-Income-Tax-TAXSCAN.jpg "Supreme Court Condones Delay of SLP filed by Income Tax Dept [Read Order]")
![525 Days Delay in filing SLP by Income Tax Commissioner: Supreme Court Dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/filing-SLP-Income-Tax-Commissioner-Income-Tax-Supreme-Court-Dismisses-SLP-Supreme-Court-taxscan.jpg "525 Days Delay in filing SLP by Income Tax Commissioner: Supreme Court Dismisses SLP [Read Order]")
Reopening of Assessment on Allegation of Bogus Purchase based on Statement: Supreme Court Dismisses SLP [Read Order]
In a recent case, the Supreme Court dismissed the Special Leave Petition (SLP) which arose out of the impugned final judgment and order passed by the High Court of Gujarat wherein the Challenge...
