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

Apportionment of Expenses Upheld for Mixed Funds u/s 14A of Income Tax Act.

August 8, 2014

Case Laws Income Tax AT

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

Apportionment of Expenses Upheld for Mixed Funds u/s 14A of Income Tax Act.

August 8, 2014

Case Laws Income Tax AT

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