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2016 (2) TMI 1177 - AT - Income TaxDisallowance of expenditure incurred for Pooja/function - disallowance of consultancy charges holding it as capital in nature - disallowance of charges for services - denial of claim of exclusion of interest u/s. 244A - disallowance of proportionate amount of premium on lease hold land by treating it as capital expenditure - Not allowing deduction of profit derived from Himachal Unit (located in Industrially Backward District in computing the book profit as per clause 5 to the explanation of 2nd proviso of section 115JA (MAT) - Not granting exclusion of export profit as computed under the provisions of Act in book profit for the purpose of section 115JA - adjustment of MOVDAT in the opening stock u/s. 145A Appeal filed by the assessee is partly allowed and the appeal of the Revenue is dismissed.
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