WebNov 1, 2012 · 3. It was the contention of AO that assessee made provision for expenses for an amount of Rs. 10,01,98,450/- and there was short deduction of tax at Rs. 2,06,45,686/- which is to be disallowed under section 40 (a) (i) and 40 (a) (ia). Assessee was required to show cause why the said amount could not be considered for determining the liability ... WebOct 21, 2016 · "271(1)(B) Where any amount is added or disallowed in computing the total income or loss of an assessee in any order of assessment or reassessment and the said order contains a direction for initiation of penalty proceedings under clause (c) of sub-section (1), such an order of assessment or reassessment shall be deemed to constitute ...
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WebIncome Tax - Disallowance u/s 37(1) - penalty amount - Merely because the... Income Tax Disallowance u/s 37(1) - penalty amount - Merely because the assessee categorised the … WebCapital punishment is a legal penalty in the U.S. state of Georgia.Georgia reintroduced the death penalty in 1973 after Furman v.Georgia ruled all states' death penalty statutes … mfp for cows
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WebMar 28, 2024 · March 2024. Under IRC section 6676, the IRS has the authority to assess penalties against taxpayers for making erroneous claims for refund or credit. In a 2013 report, the Treasury Inspector General for Tax Administration found that the IRS had only imposed the excess refund penalty 84 times in the first six years after its enactment. WebAug 16, 2013 · 17 August 2013 Dear Jayaprakash,, I stand on my opinion given as above. 1)Citation provided by me was latest one than your references. 2)In act it is not clear that interest under section 234A,234B,234C,,, is disallowed. . . Payment of income tax is disallowed under section 40 (a) (ii)---it is concluded that on the same principal it is … WebJun 1, 2011 · 01 June 2011 Whether payment of penalty of Rs. 15050 under the Standard Weights & Measurement Act is to be disallowed while computing income from business? … how to calculate csad