Search: disallowance

1 result for “disallowance”+ Section 56(2)(viia)clear

Sorted by relevance

Mumbai130 Bangalore37 Delhi35 Chennai28 Hyderabad23 Nagpur9 Cuttack7 Varanasi6 Cochin6 Jodhpur6 Kolkata6 Pune6 Chandigarh5 Ahmedabad4 SC2 Rajkot2 Guwahati1 Raipur1 Jaipur1 Lucknow1 Patna1

Key Topics

Section 10(26)4 Section 402 Section 362

DY. COMMISSIONER OF INCOME TAX, CIRCLE-SHILLONG, SHILLONG vs. THE MEGHALAYA COOPERATIVE APEX BANK LIMITED, SHILLONG

In the result the appeal of the Revenue is allowed and the Cross

ITA 50/GTY/2024[2018-19]Status: DisposedITAT Guwahati29 Jan 2025AY 2018-19

Bench: Sri Manomohan Das & Sri Rakesh Mishra

Section 10(26)Section 143(3)Section 250Section 251Section 251(1)(a)Section 36Section 40

56,68,772/- but AO after allowing 50% reduction on account of possibility of payments below the statutory limit for deducting TDS, adopted Rs.85,78,34,386/ -liable for disallowance of 30% u/s 40(a)(ia) and accordingly made disallowance of Rs.25,73,50,316/-. However, I find from the submission of the appellant that certain amounts were not liable