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 Act where an assessee incurs any expenditure in respect of which payment in excess of Rs 20 000 is

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Where to enter sec 43a disallowance in itr-6 ?

Where to enter Sec 43A disallowance in ITR 6 Read more at http www caclubindia com experts ask query asp

Disallowance u/s 40a(ia)

Does second proviso to sec 40a ia apply even in case of deduction but non payment of tds that is to say no disallowance under said section if assesse deducts but does not pay before filing returns what is the form to be filed eg form 26a applies for non deduction of tds

43b disallowance

A company was asked to pay interest on PF which stood payable even after the return was filed for the respective AY Whether this delay attracts provisions of 43B Under the head dues in relation to any other Act or Law

income tax 43b

Is int under sale tax would attract disallownce us 43b if not paid upto due date of filling of return


Hello sir My client has purchased the shares from his own funds not the borrowed funds and has earned the dividend income on the same Now on scrutiny the AO has applied Section 14A read with Rule 8D and made the disallowance Is AO correct as the investments are from own funds Thnks in advance


Disallowance of expenses u/s 40(a)(ia)

A Y 2013 14 There is case where the transportation expenses are disallowed for non furnishing Pan number into TDS Return How can we proceed in the appeal against the disallowance of such exp

Section 43b under income tax act

As per section 43B od Income Tax Act actual payment of Sales tax excise duty and custom duty will be allowed as deduction Suppose I sold goods worth Rs 20000 and charge 2000 for VAT Extra i e total amount credited in my bank account is Rs 22000 and I have shown Sales figues in my account as Rs 20000

Difference between43b and 40a(7)

whats the difference between disallowance of gratuity under 40A 7 and Gratuity disallowed under 43B

Section 43b

Do Incentives are covered under Bonus for purpose of sec 43B allowance

Tds on prpperty (194ia) disallowances

Dear all My client has purchased a property and has not deducted TDS under section 194IA Thus my query is whether the tds amt to be disallowed under section 40a anser asap

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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 relation to income not includible in total income For the purposes of computing the total income und

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 or sub contractor on which tax is deductible at source but is not deducted is not allowed as deducti

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 cancelled or normally it is stated in the assessment orders that the person from whom goods have been

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 system is practically implemented One of the major difficulties being faced by the dealers is the disa

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 law makers and this cannot be denied when referring to umpteen cases where the books of accounts of t

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Updated on : 12/5/2016 10:34:10 AM


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