Search: house property

1 result for “house property”+ Section 40aclear

Sorted by relevance

Mumbai209 Delhi147 Bangalore68 Jaipur38 Hyderabad38 Ahmedabad28 Raipur26 Kolkata20 Chennai17 Pune15 Amritsar12 Nagpur11 Chandigarh11 Lucknow10 Indore9 Patna8 Rajkot7 Cuttack6 Visakhapatnam4 Allahabad1 Cochin1 SC1

Key Topics

Section 36(1)(vii)4 Section 37(1)2

M/S. SOUTHERN TECHNOLOGIES LTD. vs. JOINT COMMNR. OF INCOME TAX, COIMBATORE

C.A. No.-001337-001337 - 2003Supreme Court11 Jan 2010

Section 145Section 2(24)Section 36(1)(vii)Section 37Section 37(1)

40A. Such disallowances alone could be added back to the taxable income. The IT Act does not disallow a provision for NPA; that, unless the “provision for NPA” is specifically disallowed under the IT Act, the same cannot be added back and, hence, such a provision for NPA cannot be added back in computing the taxable income. According