Disallowance u/s 14A of the Act r.w Rule 8D of the Rules - while ...

Section 14A limits interest expense disallowance to 20% of exempt dividend income u/r 8D.

February 27, 2014

Case Laws Income Tax AT

Disallowance u/s 14A of the Act r.w Rule 8D of the Rules - while arriving at the disallowance of rule 8D, disallowance of interest expenditure should be restricted to 20% of the exempt income i.e., dividend income - AT

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Disallowance u/s 14A of the Act r.w Rule 8D of the Rules - while ...

Section 14A limits interest expense disallowance to 20% of exempt dividend income u/r 8D.

February 27, 2014

Case Laws Income Tax AT

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