disallowance Archives

Case Briefs Tribunals/Commissions/Regulatory Bodies

ITAT | Delayed payment of employee’s contribution to EPF/ESIC is not disallowable as amendments to S. 36(1) (va) and S. 43B effected by Finance Act, 2021 were applicable prospectively; appeal allowed

Income Tax Appellate Tribunal (ITAT), New Delhi: The Coram of Pradip Kumar Kedia (Accountant Member) and Narender Kumar Choudhry (Judicial Member) allowed

Experts Corner Tarun Jain (Tax Practitioner)

Supreme Court emphasises on Simplification of Tax Law

by Tarun Jain†
Cite as: 2021 SCC OnLine Blog Exp 72

Case Briefs Tribunals/Commissions/Regulatory Bodies

ITAT| Can exempted income which is not part of the total income alone be considered for disallowance u/s 14A of Income Tax Act?

by Akshat Malpani†

Case Briefs Supreme Court

Disallowance under Section 40(a)(ia) of IT Act whether confined to the amount “payable” and not to the amount “already paid”?SC explains

Supreme Court: Dealing with the question as to whether disallowance under Section 40(a)(ia) of the Income Tax Act, 1961 is confined/limited to

Case Briefs Tribunals/Commissions/Regulatory Bodies

ITAT| Disallowance under Section 40(a)(ia) IT Act not to remain in force if the IT Return reflects the transaction

Income Tax Appellate Tribunal (ITAT), Mumbai: Explaining the law on disallowance u/s.40(a)(ia), the Tribunal has said that if the payees have included