Treatment under rule 8D of Income Tax

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..... Dear Sir, Please suggest me wrt to the following issues: 1. A unlisted public company becomes a partner in LLP and having profit sharing ration is more than 50%, As profit of LLP is taxable in .....

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..... the hand of LLP and not in the hand of partners so in the case if a unlisted public company is partner, WHAT WOULD BE TREATMENT OF EXEMPTED PROFIT RECEIVED BY SUCH COMPANY AS PER RULE 8D OF INCOME .....

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..... TAX ? - Reply By tarsem gupta - The Reply = The income from share from firm is exempt from tax u/s 10(2A) . Under section 14A read with rule 8D any expenditure incurred on the exempted income i .....

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..... s not allowable as deduction from the Income of the assessee. - Treatment under rule 8D of Income Tax - Query Started By: - Anil Singhania Dated:- 14-11-2011 Income Tax - Got 1 Reply - Income Tax - .....

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..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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