justify that section 14A of the Act should not be
enforced in the Appellants case, we would like to draw
your attention to Sub section ... reference. NOTES ON CLA USES
"Clause 11 seeks to insert a new section 14 .4 in the
Income Tax Act relating to expenditure incurred
This Appeal under section 260-A of the Income Tax
Act, 1961 (the Act) challenges the order dated 23' April,
2014 passed ... disallowance under Section 14A of the Act only to
the am ount of exp en dit ur e cla
shares in terms of
section 77A of the Companies Act, 1956 (' Companies Act ' hereinafter). To qualify as
such, the offer of buy-back ... said Act. Sections 391 to 395 and section 102 of the companies act operate in a
field different from section 77A thereof, which has been
books of accounts
meriting possible action under section 145(3) of the Act has been brought
into consideration. Therefore, as there is no change ... nature, become eligible for claim cla as an
allowable business expenditure under section 37(1) of the Act, in some of
the recent judgments
Act af ter allowing
rea sona ble opportunity of hea ring to the a sse ssee. It i s f urther
cla rified ... tion, will gra nt deduc tion
u/s 54 EC of the Act in the f resh computa tion of income on this
count under
literal rule".
Raghurath Bareja v Punjab National Bank 2007 19 CLA-BL
Supp 108 (SC). The term "issued share capital" as used ... known, well
understood and also in a way defined in the Companies Act
itself. The Act recognizes two types of share capital-equity and
preference
literal rule".
Raghurath Bareja v Punjab National Bank 2007 19 CLA-BL
Supp 108 (SC). The term "issued share capital" as used ... known, well
understood and also in a way defined in the Companies Act
itself. The Act recognizes two types of share capital-equity and
preference
Hindustan Lever Ltd, vs Assessee on 31 March, 2003
M/s Hindustan Lever Ltd
IN
2025
Penalty proceedings initiated separately u/s 270A of the Income tax act as
the assessee has claimed a higher deduction resulting in under reporting ... crores made to two parties and claimed
payment of Rs. 2.00 cla
deduction u/s 80G at the rate of 50% of the said donation
Income Tax Act, 1961 [hereinafter referred to as "Act"] for the
Assessment Years 2016 -17 and 2017-18. Since the issues are
identical ... lett Packard Financial Services (I) Pvt.
(HPFS) has also cla imed such depreciation, which was allow ed to it
by the department in its case
