3 results for “disallowance”+ Section 44Cclear
Sorted by relevance
In the result, all the three appeals filed by the assessee are partly allowed
Bench: Dr. Brr Kumar & Ms. Suchitra Kambleita Nos. 80, 81 & 244/Ahd/2022 (Assessment Years 2017-18, 2018-19 & 2019-20)
section 44 of the Act and the allowance of expenses as per PSC would amount to double reimbursement to HO. 7.6 Without prejudice to the above, the Ld. AO/TPO failed to appreciate that out of the total HO expenditure of Rs. 555,31,914/ only Rs. 226,13,981/- could be claimed due to restrictions u/s 44C