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2 results for “disallowance”+ Section 115Bclear

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Mumbai61Delhi14Kolkata5Cochin2Ahmedabad2SC1Chennai1Guwahati1

Key Topics

Section 14A7Section 36(2)4Section 143(3)2Section 143(2)2Disallowance2

AHMEDABAD CEMENT COMPANY,AHMEDABAD vs. DCIT, CIRCLE-1(1)(2),, AHMEDABAD

In the result, the appeal of the assesse is partly allowed

ITA 2180/AHD/2017[2014-15]Status: DisposedITAT Ahmedabad04 Apr 2019AY 2014-15
For Appellant: Shri P.B. Parmar, A.RFor Respondent: Shri Somogyan Pal, Sr. D.R
Section 115BSection 115JSection 143(2)Section 143(3)Section 14A

section 14A r.w. Rule 8D and computed an amount of Rs. 2,51,129/- as the expenditure incurred towards earning exempt income and the same was added to the total income of the assessee. 4. Aggrieved assessee filed appeal before the ld. CIT(A). The ld. CIT(A) has stated that assessing officer has disallowed

THE DCIT, CIRCLE-1(3),, AHMEDABAD vs. M/S. SHAH INVESTORS HOME LTD.,, AHMEDABAD

In the result, the appeal of the revenue is dismissed and cross

ITA 3316/AHD/2015[2011-12]Status: DisposedITAT Ahmedabad26 Feb 2019AY 2011-12
For Appellant: Shri S.N. Soparkar and Ms. Urvashi Shodhan, A.RFor Respondent: Shri Lalit P. Jain, Sr. D.R
Section 143(2)Section 143(3)Section 194CSection 36(2)Section 40

section 194J in respect of lease line charges after following the decision of Hon’ble Supreme Court in the case of CIT vs. Kotak Securities Ltd. reported in (2016) 383. In the light of the above facts and judicial findings, we do not find any merit in the appeal of the Revenue, therefore, this ground of appeal of the revenue