Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    The Supreme Court examined the validity of a...     TaxTMI    The Kerala High Court addressed a case involving...     TaxTMI    The Calcutta High Court addressed the issue of...     TaxTMI    The Delhi High Court examined the validity of an...     TaxTMI    The Calcutta High Court considered the rejection of...     TaxTMI    The circular mandates that the key investment team...     TaxTMI    SEBI issued a circular to intermediaries, stock...     TaxTMI    Entities generating over 100 metric tonnes of used...     TaxTMI    The RBI circular dated May 21, 2024, addresses the...     TaxTMI    The circular issued by SEBI on Industry Standards...     TaxTMI    The circular addresses the disposal of Unmanned...     TaxTMI    The circular issued by SEBI mandates the creation...     TaxTMI    The Ministry of Finance (CBDT), u/s 10(46) of the...     TaxTMI    The Telangana High Court addressed a case involving...     TaxTMI    The petitioner sought bail in a case involving...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Exclusion of investments in 'Mutual Funds Growth Option' while ...

Income Tax

July 30, 2018

Exclusion of investments in 'Mutual Funds Growth Option' while calculation the disallowance u/s 14A r.w.r. 8D - being investment yielding taxable income - AO directed to make necessary enquiries in light of computation filed by the assessee.

View Source

 

← Previous Next →

 

You may also like:

  1. Disallowance u/s 14A - exempt income is out of investments in mutual funds - in the case of a mutual funds, administrative and managerial expenses are factored in the...

  2. Source of funds for investment made in mutual funds - when the partnership firm and its partners are seen holistically and in a combined manner with costs towards...

  3. Disallowance u/s.14A - investment in shares - Assessee had aggregate interest-free funds by way of share capital and reserves which are more than the investment in...

  4. Disallowance u/s 14A r.w.r. 8D - sourcing of investment from borrowed funds or own funds - investment is taken as stock-in-trade - ex-parte order - additions confirmed.

  5. Disallowance u/s 14A - since the shareholders funds are far in excess of the investments, it can be presumed that investments are out of interest free shareholders funds...

  6. Disallowance u/s 14A - Exempted income - proportionate disallowance of interest paid by the banks for investments made in tax free bonds/ securities which yield tax free...

  7. Disallowance of expenditure u/s 14A read with rule 8D - proportionate disallowance of interest - common pool of funds - if we apply the ratio laid down in the various...

  8. Interest incurred claimed as a deduction u/s. 57(iii) out of interest earned from mutual funds - In our opinion, unless funds are borrowed for making deposit to earn...

  9. Disallowance u/s 14A - Disallowance made on account of interest expenditure - AO has not made any disallowance on account of interest expenditure u/s 14A of the I.T. Act...

  10. Investment in personal capacity and separate accounts maintained, no disallowance – Section 14A

  11. Disallowance u/s.14A - recording of satisfaction - detailed discussion in order regarding investment in various schemes of mutual funds and question regarding no...

  12. Redemption of units of mutual funds - capital gain or business income - the intention for purchase of mutual funds was only for the purpose of investment and held for...

  13. Disallowance of interest - fund used for its business purposes or Investments - When interest free funds were sufficient to meet the Investments , no disallowance is called for

  14. Claim of interest expenditure - Nexus between investments and borrowed funds - A clear and direct nexus has to be established between the loan funds and the investments...

  15. Allowability of interest expense - In absence of establishing the necessary nexus being between the borrowings and the investments in the mutual funds, it can safely be...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: Notification extends Countervailing Duty on 'Saccharin in all forms' f...
H: Gold/Platinum/Silver exports: Public Notice No. 05/2024 u/s Foreign Tr...
H: Mid-year Special Drive (MSD) at Mumbai Customs Zone-II aims to enhance...
H: Gold/Platinum/Silver exports: Public Notice No. 05/2024 dated 27.05.20...
H: Various tax issues: Foreign Exchange Gain, Deduction u/s 10B, MAT comp...
H: Reassessment proceedings u/s 147: ITAT's finding that the reassessment...
N: Seeks to amend Notification No. 2/2019-Customs (CVD) dated 30th August...
H: Review petition dismissed regarding the fraudulent I.T.C. claim as new...
H: Failure to comply with E-way bill rules led to penalty imposition unde...
H: Demand u/s 73 of CGST Act due to lack of notice receipt set aside. Pet...
F: Registration
H: The order u/s 73 of CGST Act, 2017 lacked consideration of petitioner'...
H: Retrospective cancellation of GST registration without reasons violate...
H: Taxpayer did not cooperate in verifying Input Tax Credit. Order set as...
H: Detained goods may be released u/s 129(1)(a) of CGST Act, 2017. Petiti...
H: Retrospective cancellation of GST registration without proper reasons ...
H: Tribunal's remand to reassess 'pit filling' expenses was justified. No...
F: GST on rent received from building which is constructed from loan adva...
F: Whether GST is payable on resale of flat by a buyer before its completion?
A: PENALTY FOR CONCEALED INCOME
A: Paper Cups would fall under HSN 4823 40 00 and attract GST at the rate...
A: Service Tax payable under reverse charge when reimbursable expense inc...
C: Abeyance of Public Notice No. 05/2024 dated 27.05.2024
C: Abeyance of Public Notice No. 05/2024 dated 27.05.2024
F: Para medico service provided to Gcvernment Hospital under health care ...
F: Difference in ITC as per GSTR 2A downloaded and auto populated in GST ...
F: Input tax credit eligible on ocean frieght paid to shipping agency
A: Duties of an Auditor in a Company
A: INSOLVENCY AND BANKRUPTCY INTERNSHIP
A: Service tax leviable on services rendered by the Advocate and Senior A...