Assessee Must Prove No Indirect Costs Linked to Tax-Free Income u/s 14A and Rule 8D.

Disallowance of expenditure u/s.14A r.w.r 8D - The primary onus to exhibit that no indirect expenditure has been incurred in respect of the tax-free income is on the assessee. - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X