Tax Rectification – smeaccountant

A top view of euro banknotes, a miniature architectural model, and a key symbolizing property investment.

ITAT Chennai Rules Section 154 Cannot Add Fresh Section 14A Disallowance

ITAT Chennai held that fresh Section 14A disallowances cannot be introduced through Section 154 rectification proceedings, quashing a Rs 35.37 lakh addition.

Prasenjit Bhowmik October 7, 2026