Disallowance u/s. 14A - There will definitely be an expenditure ...
Section 14A Disallowance Upheld: AO Properly Applied Rule 8D(2)(iii) for Investment-Related Administrative Costs.
November 10, 2015
Case Laws Income Tax AT
Disallowance u/s. 14A - There will definitely be an expenditure incurred towards administrative and management cost etc. towards planning, executing and maintaining these investments - AO has rightly invoked the provisions of section 14A read with Rule 8D(2)(iii) - AT
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