Disallowance u/s 14A read with Rule 8D - AO cannot by recording ...

High Court: Assessing Officer Can't Disallow u/s 14A & Rule 8D Without Specific Evidence or Reasoning.

February 19, 2015

Case Laws Income Tax HC

Disallowance u/s 14A read with Rule 8D - AO cannot by recording general observations, particularly where the assessee has denied using interest bearing funds, proceed to infer that interest bearing income must has been used to earn exempted income - HC

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Disallowance u/s 14A read with Rule 8D - AO cannot by recording ...

High Court: Assessing Officer Can't Disallow u/s 14A & Rule 8D Without Specific Evidence or Reasoning.

February 19, 2015

Case Laws Income Tax HC

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