erred in
confirming the disallowance to the tune of Rs. 19,22,407/- u/s 14 A of the
Income Tax Act, 1961 made ... erred in
confirming the disallowance of Rs. 19,22,407/- u/s 14 A of the Act made by AO
while calculating the book profit
referred to in clause (va) of sub-section (1) of section 36 of
the Act..
Though section 43B of the Act covers only employer ... Explanation to section 36(1)(va) and section 43B of the Act is
10
ITA Nos.405, 406 & 407/Kol/2021
tune of Rs. 1,22,400 and all other conditions of Section 91 were clearly satisfied in that case . There was nothing wrong ... Addl. CIT [1977] 108 ITR 407 that the initiation of proceedings under Section 263 on the basis of audit objection is ab initio void. Shri
that their
Lordships have laid down that section 68 can be invoked when the three
ingredients of section 68 are not satisfied in relation ... Builders and Developers, (2013) 350 ITR 407 (Del) etc., all of which
deal with the applicability of section 68 in respect of share capital
M/S Maharaj Vincom Pvt. Ltd., Kolkata vs Ito, Wd.9(1), Kolkata on 15
Ito, Wd.9(1), Kolkata vs M/S Maharaj Vincom Pvt. Ltd., Kolkata on 15
their appeal in ITA
No.1197/Kol/2019 is against the disallowance u/s 14A of the Act read with Rule ... loss of
Rs.413,59,34,407/-, it was neither entitled to nor did it claim any deduction
wholly unjustified in treating Rs. 2,05,92,407/- as unexplained cash credit
of your petitioner u/s 68 of the Income ... 407/- made by the A.O which was confirmed by the CIT-A as
unexplained cash credit u/s 68 of the Act. The brief
declaring total income of Rs. 3,06,135/-
and notice u/s 148 of the Act was issued on 28.03.2019 and in response
to such ... 2024
Ekta Tantia
showing total income of Rs. 3,09,407/-. Accordingly, notice u/s 143(2)
of the Act dated 25.09.2019 was issued
notice u/s 153A of the Income-
tax Act, 1961 on 02.01.2014 declaring a total income of ^82,03,740/-.
Notice ... loss on sale of investment 52,42.056 75,34,407
Add: Expenditure not allowable u/s
14A 6 .69,337 82,03,744
Total Income
