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3 results for “disallowance”+ Section 194Aclear

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Key Topics

Section 260A6Section 194A3Disallowance2Addition to Income2

THE COMMISSINER OF INCOME TAX (APPEALS) AND ANR vs. THE BIJAPUR DISTRICT CENTRAL

ITA/200014/2015HC Karnataka23 Mar 2018

Bench: R.DEVDAS,VINEET KOTHARI

Section 260A

Section 194A (1) of the Income Tax Act, 1961 from the interest paid to its member over Rs.10,000/- during the said years and therefore a disallowance

COMMISSIONER OF INCOME TAX vs. KARNATAKA VIKASH GRAMEENA BANK

ITA/100020/2022HC Karnataka19 Sept 2023

Bench: S.R. KRISHNA KUMAR,G BASAVARAJA

Section 143(3)Section 194ASection 260ASection 40

Section 194A of the Income Tax Act was made by the Assessing Authority towards disallowance of interest payment made by the assessee

THE COMMISSIONER OF INCOME TAX vs. M/S CHIKMANGALUR DISTRICT

Appeal is dismissed

ITA/594/2015HC Karnataka11 Mar 2016

Bench: B.V.NAGARATHNA,JAYANT PATEL

Section 194ASection 260

194A by virtue of exemption granted vide clause (v) of sub-section (3) of said section of the Act?” 2. We have heard Mr.E.I.Sanmathi, learned counsel appearing for the appellants. 3. It appears that the Tribunal, in the impugned order in ITA.No.88/Bang/2015 passed on 29/5/2015, while considering the aforesaid aspects, has observed thus in paragraph Nos.5