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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Disallowance as per section 14A r.w.Rule 8D(2)(iii) - the ...

Case Laws     Income Tax

August 7, 2015

Disallowance as per section 14A r.w.Rule 8D(2)(iii) - the expenses on account of auditor fee, legal and professional fees, profession tax, business support fees cannot be said to have any direct or proximate nexus with the activity of investment or earning the exempt income. - AT

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