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2011 (11) TMI 50 - HC - Income TaxDisallowance of expenditure u/s 14A - head office expenses - computation of deduction u/s 80IC - derived from - Held that:- The assessee, as per the CIT(Appeals) and the tribunal, did not furnish and give the said bifurcation and details or justify their exclusion. We do not think the statement of profit and loss account, which has been relied upon by the appellant before us shows that the bifurcation or details of the head office expenses was given and should have been accepted as justifying their exclusion. - there is no perversity in the order of the tribunal - Decided against the assessee.
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