{"id":18635,"date":"2021-05-26T11:26:05","date_gmt":"2021-05-26T05:56:05","guid":{"rendered":"https:\/\/itatonline.org\/digest\/united-telelinks-bangalore-ltd-v-dy-cit-2021-85-itr-36-snbang-trib\/"},"modified":"2022-04-02T19:09:03","modified_gmt":"2022-04-02T13:39:03","slug":"united-telelinks-bangalore-ltd-v-dy-cit-2021-85-itr-36-snbang-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/united-telelinks-bangalore-ltd-v-dy-cit-2021-85-itr-36-snbang-trib\/","title":{"rendered":"United Telelinks (Bangalore) Ltd. v. Dy. CIT (2021) 85 ITR 36 (SN)(Bang) (Trib)\/ACIT v. MVL Credits Holdings and leasing Ltd ( 2021 ) 92 ITR 373 ( Delhi ) ( Trib )"},"content":{"rendered":"<p>Tribunal held\u00a0 that under section\u00a014A(2)\u00a0of the Act, the Assessing Officer has to record satisfaction that the disallowance of expenses made by the assessee suo motu is not correct. Without recording such a finding, he cannot make disallowance under section\u00a014A\u00a0of the Act resorting to rule\u00a08D\u00a0of the Rules. The disallowance under section\u00a014A\u00a0of the Act was to be restricted to a sum of Rs. 72,000 as claimed by the assessee. ( AY.2015-16)<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S .14A : Disallowance of expenditure &#8211; Exempt income &#8211;  Not recording of satisfaction \u2013 Disallowance was restricted to sum claimed by assessee .[ R.8D ]   <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-18635","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Qz","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18635"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18635\/revisions"}],"predecessor-version":[{"id":26132,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18635\/revisions\/26132"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}