TMI BlogAddition u/s 14A - expenses towards exempted income - Disallowance had to be made only on an estimated...Addition u/s 14A - expenses towards exempted income - Disallowance had to be made only on an estimated basis with regard to the expenditure incurred for the purpose of earning tax free income. - AO directed to disallow 1% of exempt income - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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