Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Home Case Index Income Tax Tri Income Tax + Tri
← Previous Next →
  • Contents
  • Cases Cited
User Login
Username  
Password  
Stay sign in     

Forget password        New User/ Regiser


M/s. Twenty First Century Securities Ltd Versus Income Tax Officer, Ward 4 (I) , Kolkata

Levy of penalty u/s 271 - disallowance of the interest paid on borrowed funds - Held that - In the present case, the assessee filed the required evidence before the AO in original assessment proceedings wherein the interest amount to the extent of ₹ 57,90,492/- was adjusted to the returned loss in the original assessment and thereafter, while giving effect to order of Tribunal, the AO made the disallowance of the interest paid on borrowed funds. Therefore, it is a clear the AO identified t....... + More


← Previous Next →

 

 

what is new what is new
  ↓     bird's eye view     ↓  

|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map || ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version