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43b disallowance


Expenditure upto 35000 in cash allowed to transporter

Expenditure made of more than 20000 in cash allowed to transporter Enhancement of limit for disallowance of expenditure made in the case of transporters Under the existing provisions of the Income tax

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disallowance u/s 14 a

whether investment in partnership firms are considered for disallowance u s 14 a of income tax act

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Disallowance of 40A (3)

A ltd GTA Uske pass apne trucks ni h Hence wo truck hire krti h small transporters se N lorry hire k liye Samne wale small transporter ko lorry hire paymrnt ki Now gta cant more than 35k in cash Hence

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40A (3) Disallowance

Can a company give staff advance in cash more than Rs 20000 Would it lead to violation of 40A 3 Actually company is a gta n if company has to make lorry payment of Rs 60000 then it make payment of 350

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Hi All My query is company has prepared Financial statement having loss in that financial year after certain disallowances it is moved to profit whether in the company s P L A c that disallowed expens

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Sec 14a disallowance

is section 14A disallowance applicable to sec 44AD

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Disallowance of employee contribution to providend

Sir if the employee contribution to providend fund is not paid within due date specified in the pf act but paid on or before the due date specified in 139 1 then whether it will be disallowed while co

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44a (3) disallowance

Hii all Is cash paid exceeding Rs 20 000 for purchase of assets repayment of loan salary advance disallowed Thanks and regards Vijay mariyala

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Disallowance of service tax credit by a.o

Assessing Officer has disallowed the service tax input credit of F Y 13 14 Whether we have to show it as prior period items while preparing tax audit report for F Y 15 16

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Disallowance u/s 14 a of itact

Whether investment in partnership firms will be considered for disallowance u s 14 a of IT Act

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Disallowance u/s 40a(3)

A company has given a sum exceeding twenty thousand Rupees to a person on a day in cash as advance to meet the Company Expenses Ex X ltd had given an advance of five Lakhs to Mr Y to buy some goods fo

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  • ICAI - Revised Scheme of Education & Training for CA Course

    Revised Scheme of Education and Training for CA Course


  • Circular on Section 14A

    CBDT notifies amended Rule 8D for computation of disallowance u s 14A clarifies that amount of disallowance as computed under Rule 8D shall not exceed total expenditure claimed by the assessee Deletes sub clause ii in Rule 8D 2 which dealt with computation of expenditure towards interest not directly attributable to any particular income receipt as per the prescribed formula Increases the rate to be applied on annual average value of investments from 0 5 to 1 Amended Rule shall come into force on the date of its publication in the Official Gazette CBDT


  • CA Course- new scheme of education & training

    CA Course new scheme of education training


  • MAT Provisions, Section 43B, Section 44AB

    This file contains MAT provisions Provisions of Section 43B and Provisions of Sction 44AB i e Tax Audit


  • S. 40(a)(ia) Disallowance for CA IPCC and Final May 2015

    S 40 a ia Disallowance for Non Deduction and Short Deduction of TDS from A Y 2015 16 Applicable for CA IPCC and FINAL MAY 2015 EXAM and It is practically useful For CA s


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Income Tax Act - 1961 Sec 14A disallowance

Introduction 1 Section 14A was first inserted by the Finance Act 2001 However same was inserted with retrospective effect from 1 4 1962 The inserted section reads as under 14A Expenditure incurred in

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Failure to deduct tax at source - disallowance restricted to 30%

As per the existing provision of section 40 a ia any payment made by way of interest commission brokerage rent royalty fee for professional services fee for technical services payment to a contractor

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Disallowance of input tax credit on the ground that seller is bogus or cancelled dealer- Part II

Another situation which in many of the cases under the Punjab VAT which dealers are facing is the disallowance of input tax credit on the ground that the registration of seller of the goods has been c

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Disallowance of input tax credit on the ground that seller is bogus or cancelled dealer

The system of VAT was introduced in the sales tax law to bring more transparency efficiency to remove tax cascading etc The difficulties which may arise in any system comes to picture only when the sy

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MTM Loss Disallowance - Another opportunity to revisit

Derivative losses or Mark to Market losses are known to be unreal or notional and hence the taxman hates giving deduction for them The focus seems to be on distinguishing oneself from the accounting l

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Updated on : 7/26/2016 4:36:10 PM


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