6 results for “disallowance”+ Section 67(1)clear
Sorted by relevance
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS
1 (2019) 419 ITR 100 I.T.A. No.172/2013 -5- The Assessing Officer treated the claim of Rs.28,67,407/- as capital loss and disallowed the claim. As regards advances given for acquisition of Revenue items amounting to Rs.2,32,93,575/- the Assessing Officer held that the claim is not allowable under Section