Unanswered Commission Claims and Excess Section 14A Disallowance Restricted While 60% UPS Depreciation Allowed
Unanswered Commission Claims and Excess Section 14A Disallowance Restricted While 60% UPS Depreciation Allowed Issue Whether commission/brokerage expenses can be allowed where the Assessing Officer (AO) failed to issue Section 133(6) notices, and conversely, whether expenses should be disallowed for parties who received notices but failed to reply. Whether Rule 8D for Section 14A disallowance… Read More »

