Tag Archives: Asian Paints Ltd.

Disallowance under Section 14A, provision for doubtful debts, foreign tax credit, and sales promotion expenses allowed in favour of assessee.

By | November 3, 2026

Disallowance under Section 14A, provision for doubtful debts, foreign tax credit, and sales promotion expenses allowed in favour of assessee. Issues Section 14A / Rule 8D: Whether additional disallowance under Rule 8D is sustainable when the Assessing Officer (AO) rejects the assessee’s suo motu disallowance without recording proper satisfaction. Section 36(1)(vii) / Section 115JB: Whether… Read More »