made
by crossed cheque or crossed bank draft. The payment by crossed cheque or
crossed bank draft is insisted on to enable the assessing authority ... payment by a
crossed cheque or crossed bank draft in the circumstances specified under
the rule. It will be clear from the provisions of section
under section 14A of the Act
read with Rule 8D (at para 9.12 of the draft assessment order).
The appellant submit that the addition
provisions of Rule 10B(2) of the
Rules;
1.4 not allowing relevant adjustments as per the provisions
of Rule 10B(1) and Rule ... provisions of Rule 10B(2) of the
Rules;
2.4 not allowing relevant adjustments as per the provisions
of Rule 10B(1) and Rule
learned AO by
invoking the provisions of rule 8D of the income tax rules 1962.
The fact shows that assessee has earned income ... officer dealt
with the same as per paragraph number 6 of the draft
assessment order wherein it is stated that the disallowance
month in which draft order is forwarded to the eligible
assessee. When learned counsel‟s attention was invited to rule 13 of the Income ... legal position, we
find that it is indeed true that rule 13 does permit rectification of mistakes in the DRP order
objects/rules and regulations of the
applicant, prior approval of the Commissioner of Income Tax shall be sought along with the
draft of the amended
objects/rules and regulations of the
applicant, prior approval of the Commissioner of Income Tax shall be sought along with the
draft of the amended
expenditure incurred as per the
provisions of section 14A r/w rule 8D. In reply, the assessee submitted that
the expenditure ... direct or indirect with earning of exempt income. The
Assessing Officer vide draft assessment order dated 16.02.2015, held that
the expenditure suo-motu offered
Barclays Bank Plc, Mumbai vs Cit (International ... on 3 January, 2022
1
IN THE INCOME
first instance, forwards a draft of
the proposed order of assessment (hereafter in this section referred to
as the draft order) to the eligible assessee ... Assessing Officer has been directed to follow
the procedure of forwarding draft assessment order in case of
Lanxess India
