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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Where there is a hotchpotch of funds and the expenditure both ...

Case Laws     Income Tax

August 8, 2014

Where there is a hotchpotch of funds and the expenditure both for investments and business purposes are incurred from the common pool and cannot be segregated, the principle of apportionment of expenses as provided under section 14A of the Act is upheld - AT

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