Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Revised ITR-3 Form Introduced for AY 2025-26,...     TaxTMI    SEBI Amends Stock Exchange Rules: Cooling-Off...     TaxTMI    Trustees Now Required to Disclose Litigation and...     TaxTMI    Customs Mutual Administrative Assistance Expanded:...     TaxTMI    RBI Extends Diamond Dollar Account Qualification...     TaxTMI    Firm's Multi-State Registration Sparks Legal...     TaxTMI    Technical Filing Glitch Overturned: GST Appeal...     TaxTMI    Landmark GST Ruling: Petitioners Win Right to...     TaxTMI    High Court Quashes Demand Orders for Procedural...     TaxTMI    Tax Notifications Upheld: Administrative Order...     TaxTMI    SEBI Revamps Cybersecurity Framework with New...     TaxTMI    Government Revokes Import Duty Exemptions Under...     TaxTMI    Customs Notifications Updated: Finance Act 2025...     TaxTMI    New Income Tax Rules 2025 Simplify Return Filing...     TaxTMI    GST Notifications on COVID-19 Deadline Extensions...     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 November 2018 Year 2018 This

MAT - adjustment - adjustment of disallowance u/s 14A was not ...


Section 14A Disallowance Not Needed for Book Profits Calculation u/s 115JB MAT Framework.

November 19, 2018

Case Laws     Income Tax     AT

MAT - adjustment - adjustment of disallowance u/s 14A was not required to be made in Book Profits for the purpose of Section 115JB

View Source

 

← Previous Next →

 

You may also like:

  1. Addition u/s 14A r.w.r. 8D - Addition under special provision u/s 115JB - Minimum Alternate Tax (MAT) - the case revolved around the disallowance made under Section 14A...

  2. Disallowance made u/s.14A of the Act while computing book profit u/s.115JB - actual expenses debited to profit and loss account which are incurred for the purpose of...

  3. Disallowance u/s 14A r.w.r. 8D - the disallowances made u/s 14A of the Act r.w.r. 8D cannot be the subject matter of disallowances while determining the book profit u/s...

  4. Levying MAT u/s 115JB - 100% reduction of the profit u/s. 80IB(10) - while computing the book profit u/s. 115JB appellant had reduced it from book profit and claimed...

  5. ITAT Mumbai adjudicated multiple taxation issues, primarily focusing on disallowance under Section 14A, transfer pricing adjustments, and book profit calculations. The...

  6. Exemption u/s 14A read with Rule 8D - disallowance of expenditure attributable to exempt income from partnership firm profits - correctly invoked by AO after recording...

  7. The assessee had not computed income under the provisions of Minimum Alternate Tax (MAT) and had not computed book profit, claiming that the provisions of MAT were not...

  8. MAT computation - exclusion of income of SEZ unit while computing Book Profit u/s 115JB - book profit computed under section 115JB will not include income of SEZ Unit - AT

  9. MAT - Calculation of book profit u/s 115JB - A.O seems to have acted beyond the provisions laid down in Section 115JB and has made the adjustment to the book profits...

  10. Disallowance u/s 14A read with Rule 8D - The assessing officer's reliance on CBDT Circular No. 5 of 2014 to make disallowance u/s 14A is legally untenable and liable to...

  11. MAT computation - Addition made to the book profit computed u/s 115JB on disallowance computed u/s 14A in respect of exempt income - the disallowance made u/s 14A is a...

  12. Recalculation of the profit for purpose of computing the MAT u/s 115JB - Book adjustments - in the absence of any exempt income, section 14A disallowance cannot be added...

  13. Addition to the book profit u/s 115JB for the amount disallowed u/s 14A r.w. Rule 8D - the tribunal noted that the AO had made the disallowance under Section 14A, but...

  14. The ITAT considered a rectification order u/s 154 regarding MAT computation u/s 115JB on profit from the sale of agricultural land exempt from income tax. The Assessing...

  15. The ITAT adjudicated multiple tax issues for an insurance company. Key holdings include: (1) dividend income must be offered on gross basis; (2) payments to auto dealers...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
H: SEZ Expansion: 88.02 Hectares Added to Jamnagar Multi-Product Zone Und...
H: Comprehensive Trade Embargo Blocks All Goods from Pakistan Under Forei...
H: New ITR-5 Form Unveiled for AY 2025-26 with Updated Tax Reporting Guid...
H: CBIC Introduces Streamlined GST Registration Grievance Resolution Proc...
H: SEBI Allows Stock Brokers to Establish Separate Business Units for GIF...
F: Business Asset Transfer to New Company Explores GST Exemption for Seam...
F: GST Exemption Confirmed for Export Services: Zero-Rated Advances Permi...
F: GST Reverse Charge Mechanism: Unregistered Vendor Rental Premises Liab...
F: Corporate Tax Challenge: Unregistered Vendor Invoicing Delays Complica...
T: Tax Return Exemption for NRIs Under Clause 216: Simplified Filing Proc...
C: Pakistani and Indian Nationals Granted Limited Border Crossing Permiss...
T: Non-Resident Indians Can Now Defer Capital Gains Tax by Reinvesting Fo...
T: Non-Resident Investors Face New 20% and 12.5% Tax Rates Under Clause 2...
T: Tax Rules Reshape Income Calculation for Non-Resident Indians, Introdu...
T: Foreign Investors Get Tax Clarity: New Interpretative Provisions Strea...
T: Nonprofit Tax Accountability: New Clause 337 Targets Anonymous Donatio...
T: Online Gaming Winnings Now Subject to Flat 30% Tax Rate Under New Inco...
T: Virtual Digital Assets Face Strict 30% Tax Rate with No Deductions or ...
A: NGOs Can Secure Tax Benefits Through 12A and 80G Registrations, Enabli...
A: GST Appellate Tribunal Introduces Mandatory Online Filing and Enhanced...
A: Business Partners Clash Over Solar Project Settlement, Insolvency Appl...
A: One Person Company Must File Annual Returns Timely to Avoid Penalties ...
A: Cyber Insurance: Shielding Businesses from Digital Risks with Comprehe...
A: Cyber Insurance: Shielding Businesses from Digital Threats with Compre...
A: Green Supply Chain Strategies Unlock Cost Savings and Environmental Be...
A: Gati Shakti Plan Targets 8% Logistics Cost, Boosts National Competitiv...
A: Transforming Lifestyle Choices: Zero Waste Living Empowers Individuals...
A: Transforming Organic Waste into Nutrient-Rich Soil Through Innovative ...
A: Municipalities Must Redesign Concrete Walkways into Eco-Friendly, Perm...
A: Green Pathways Outperform Concrete in Ecological Benefits, Offering In...